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To solve this problem, Ethereum is working on Ethereum , a set of interconnected updates that will make it a more secure and scalable network. However, Ethereum already has competitors, the well-known rd generation Blockchains or "Ethereum killers" such as Cardano (ADA) or Solana (SOL), which we will now discuss in the post. Cardano (ADA) The cryptocurrencies (or cryptocurrencies) with the most future - ada Cardano is the representation of what is known as the rd generation of the Blockchain that tries to solve the scalability problems of nd generation blockchains such as Ethereum.
Over the past few months, Cardano has become ID Number List one of the fastest growing assets in the entire cryptocurrency industry, multiplying its value by more than times in Cardano distinguishes itself by using mathematical principles in its consensus mechanism and a unique multi-layer architecture, which makes it stand out from other competing blockchains. Cardano's founding team consists of Jeremy Wood and Charles Hoskinson . Tof Ethereum, but separated from the team as a result of differences with the rest of the team. Cardano was successfully launched in September and its native token is ADA.
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Cardano is distinguished from the rest of the Blockchains (with their respective tokens) in that it had a much more premeditated and scientifically rigorous origin. In addition, it differs in that it seeks to solve problems that other blockchains present regarding security, scalability and decentralization. Cardano's consensus algorithm (that is, the way in which network operations are verified as trustworthy) is distinguished from traditional Proof of Work protocols and is a variant of proof of work. participation or "Proof of Stake". This algorithm is called Ouroboros .
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