Cardano is a type of computer which is attempting to become that new iMac Pro in a blockchain industry. The project was started in September 2017 but been under development for a past 2 years.
Peer reviewed papers. Everyone now that sometimes the plans are not going the same path with reality. So what do Peer reviewed papers mean?After they write they plan on a paper, about how they going to build that new super-cool computer, they bring that plans to the top experts in different fields of knowledge are needed to build that computer and ask them: " is it actually possible?" And only after they find a middle between ambitious and reality for moving forward.
Security is one of the main criteria when you pick a computer, same in a blockchain space. Cardano applies Haskell and Plutus (programming languages) to create smart contracts. Haskell is a functional and mathematically backed language, so the level of a security should be kind of good. If you can trick mathematic and proof that 2+2= whatever but not 4 you can hack Cardano smart contracts. Good luck in that.
I saw someone called "Cardano- the Internet of Blockchains" meaning the focus of project on an interoperability, which the last time is a buzzword in an industry, Interoperability- mean the ability to communicate with other blockchains (computers in our case😁) Thumbs up for Cardano for seeing this problem far before its become a kind of the main stream, and also I thinnk the Cardano interoperability is not only for other blockchains, I think they want to be able to be implemented in different areas of our daily life bringing advanteges of blockchain where it needs to ( transportation, data sience, human records, etc)
Also, want to add about regulations, as we see some of that players in a space having problem's today about who they are, whom they attempting to be and does it meets the states of current low. (I mean all that securities, commodities, currencies... etc. ) As I see Cardano going the way where they see's ADA( coin of Cardano blockchain) as a currency.
Couple words about the team, especially about Charles Hoskinson, go watch some of his videos on youtube, even better pick something not crypto related. In my point of view, Charles staying shoulder to shoulder with an Elon Mask and other on a stage of greatness, the people who do not care about hype or profit in any meaning, and trying to do their best to make our world greater place for every one of us.
Anyway, Cardano still in early ages, and who knows what going to happen tomorrow? all info above it's not an advice to any buying or selling actions.
