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Two-Layers
Cardano has a lot of advantages. It is built with two layers, the first one called Cardano Settlement layer which handles the ledger balance and then there is the second layer called Cardano Computation layer. The second layer can be used to build decentralized apps and smart contracts. Cardano is built based on a Haskell programming language which is extremely secure.
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Price Growth
Just like Bitcoin and Ethereum, Cardano is a blockchain-based platform which allows individuals and financial institutions to make transactions privately without the need for a third party. The reason why Cardano is expected to rise and have a great future ahead is that it is the right mix of regulation and privacy so is the most attractive to all the potential users.
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The price movements are still more-less determined by the development of this cryptocurrency because the people behind it are still working on it hard. When the updates and developments are done we can expect a rise in the price which will allow for all of us to make some short-term investments by buying and selling. Also, it is highly likely that the price will go up furthermore because of the growth in popularity of the ADA coin.
3.Proof-of-Stake
Cardano’s method will eliminate mining and there won’t be huge amounts of electricity consumed. Also, you will be able to get rewards depending on how many tokens you have and not how much computing power you contribute. Also, this model is mathematically proven to be very safe.
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