Pros and Cons of the Cardano [ADA] Cryptocurrency



Pros

Has a strong development team. The founder has experience collaborating on other successful projects like Ethereum and BitShares.





The first blockchain to have more than one layer (settlement and computational layer).





No limit to scalability. The blockchain has the ability to process any number of transactions.





Cheap and fast transactions.





The consensus mechanism of Cardano is more eco-friendly and less expensive, as well as fairer compared to older blockchains.



Cons

The claims made by the Cardano blockchain have not yet been proved as some parts of the network are still under development.





Ongoing problems with Daedalus, the official wallet.



How to Buy and Trade Cardano (ADA)?



Should you invest in Cardano (ADA)?

