Cardano is a third-generation, decentralized proof-of-stake (PoS) blockchain platform designed to be a more efficient alternative to proof-of-work (PoW) networks.
From pixabay
The Cardano platform runs on the Ouroboros consensus protocol. Ouroboros, created by Cardano in its foundation phase, is the first PoS protocol that not only was proved to be secure, but also was the first to be informed by scholarly academic research. Each development phase, or era, in the Cardano roadmap is anchored by the research-based framework, incorporating peer-reviewed insights with evidence-based methods to make progress toward and achieve the milestones related to the future directions of the use applications of both the blockchain network and the ada token.21
Source (The above two paragraph is taken from investopedia)
From pixabay
From last year I am analysing about Cardano it is really amazing. It is going crazy. Last year it was about 0.8 to 1.3$ usd but now its rate is about 2.3 usd. I have some questions about this currency because I am interested to invest but first I would like to ask my friends .
1.Is it the time to invest?
2.What is the scope of this currency?
3.Is this long last currency?
4 will it meet BTC?
5 has it the capacity to be in top 2 currencies.
Your answers will be helpful .