Re: Cardano

Its great seeing this interest in Cardano and Ada. I'm Tom Kelly and work as a Community & Marketing manager at the Cardano Foundation. It's a very exciting time for us right now as we publicly launched Cardano on Friday and today/yesterday began trading on Bittrex.

What is Cardano? Cardano is blockchain technology that harnesses the latest research and engineering best practices to build a system that will run decentralised applications, smart contracts and is fit to securely carry very high value.

Cardano is being built by IOHK, a leading technology company. Their international team of leading experts, academics and cryptographers have built Cardano over the past two years, inspired by the best features of existing cryptocurrencies including Bitcoin, Ripple and Ethereum. Of its many innovations, Cardano is the first blockchain to use a provably secure, proof of stake algorithm - the only one to have been academically peer reviewed by leading cryptographers through its acceptance to Crypto 2017, the worlds top cryptography conference. https://www.forbes.com/sites/amycastor/2017/08/23/at-crypto-2017-blockchain-presentations-focus-on-proofs-not-concepts/#35d474f67b70.

There is a wealth of information available to read on the Cardano Hub website. https://www.cardanohub.org/en/home/
Anyone who has questions about the project should come to our community channels listed below. The roadmap for future updates to the project will be shared very soon, so join the community to keep up to date!

Cardano Community Channels
Slack: https://cardano.herokuapp.com/
Facebook: https://www.facebook.com/groups/cardanocommunity
Twitter: https://twitter.com/cardanocom
Reddit: https://reddit.com/r/cardano

Do not take this as a bashing. I am merely pointing out what I can read from this initial introduction. A platform for decentralizes apps and smart contracts sounds exactly the same as Ethereum. Why is it the first blockchain to use provable secure POS? What is the difference that makes it so?

Also, academically peer reviewed? Maybe it is the only one that asked to be reviewed. I am certain any number of others can request the same but see no benefit. Is this maybe the "first" with a lot of Doctorates?

kindly check https://en.wikipedia.org/wiki/Provable_security, Ethereum is just one layer and it is not currently determined if they're going for layered solution for their scaling issues. Therefore, all of what's going on the network including executing smart contracts is convoluted in one layer. Cardano is fundamentally different, It has a separate layer for settlement and will have other layer for computational (smart contract) and in my opinion, has much more flexible language than solidity. https://cardanodocs.com/technical/plutus/introduction/

Cardano has a lot of interest coming. this will affect the development that is present on Cardano. so Cardano is able to have a high enough price and makes Cardano Cardano a valuable coin and has a price that is quite expensive and high.