Cardano News Today – Weiss Ratings Gives Cardano A Thumbs Up, Says It Is The Cryptocurrency With The Best Brain Power – March 29th, 2020 

  • Cardano Has The Highest Level Of Brain Power According to Weiss Ratings.
  • Cardano Price Analysis And Prediction 2020 

Cardano News Today – Cardano is among the top smart contract cryptocurrencies in the world. Just like Ethereum, it is a decentralized computer that can serve the same purposes as Ethereum and more. It has been tagged as an “Ethereum Killer” because of its amazing capabilities. Now, with the upcoming Cardano Shelley Mainnet, the Cardano development team believe that they can make the network 100% decentralized. The migration to Shelley is already on the way. The team recently released two updates that improve the overall capacity of the blockchain. Following these latest upgrades, Weiss Ratings gave Cardano a thumbs up.

Cardano Latest Update – Weiss Ratings Says Cardano Has a Higher Brain Capacity Than Other Blockchains

Cardano is different from other decentralized computers because it is based on peer-reviewed research and scientific principles. This is why the endgame, sustainability, interoperability, and scalability, is going to be easy to achieve when compared to other blockchains. Hydra, one of the latest updates, was created particularly to fix the scalability problem that most blockchains are struggling to fix. To match Hydra, Byron is scheduled to go live in a few days.

With all the plans Cardano has on its roadmap, it’s not a surprise that it has caught the attention of one of the leading cryptocurrency rating companies out there, Weiss Ratings. In its latest post about cryptocurrencies, Weiss Ratings wrote that Cardano is the only cryptocurrency that has what they consider a high level of brainpower. Weiss Ratings used to be the number one fan of EOS. However, the company recently said that Cardano has a higher quality of brainpower than EOS and many others if not every other blockchain out there.

Cardano (ADA) Price Today – ADA / USD

NamePrice
cardano
Cardano
$0.087

Ever since Cardano released its testnet last year, it became clear that it was only a matter of time until it took over every other decentralized computer in the world including Ethereum. With Hydra, the Cardano blockchain will be efficient for many micropayments with a speed that is faster than major payment platforms including Visa. It will also enable interoperability which allows the Cardano blockchain to interact with other blockchains like Bitcoin. Let’s not forget the micro-tipping that was enabled after Hydra was uploaded.

Cardano Price Analysis And Prediction 2020

Cardano ADA, the token that fuels the blockchain, has been struggling to gain ground for a long time. To be fair, ADA isn’t the only cryptocurrency that is struggling. The whole market is being affected at this time. Even when the market was stable, Cardano ADA was said to be undervalued. At the time of writing, it was trading at $0.029470. This means that it is up by 3.58% against the USD and up by 3.73% against BTC. If the trend remains positive, Cardano ADA might test $0.030 within the coming week.

Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.

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