Interleger Transactions on Cardano Network

The transactions on Cardano (ADA) are currently working correctly; however, the team is still researching on how to make the transactions even faster to remain at the helm of innovations in the blockchain industry. The developers want Cardano platform to have the highest scalability ratios as well as enable Interleger transactions. To achieve this, the developers are planning to split Cardano into smaller subsections that make it easier to share data in real-time. They will be using the RINA protocol which is a Recursive InterNetwork Architecture.

Furthermore, the network is currently working on a Test Net launched not too long ago. It will ensure that the real Cardano platform to be released soon will operate efficiently without flaws. The new platform will utilise a protocol called Block Explorers. The protocol gives Cardano (ADA) holders the ability to track transactions as the blockchain processes them. Moreover, further improvements and features will allow the addition of charts, statistics and specialised functions for Cardano users.

Cardano (ADA) is Money

Many cryptocurrencies are struggling with being accepted as money in the business sector. A coin must have the features of a currency to be accepted by vendors and merchants in the market. Although the price of ADA has been dropping on the charts; the cryptocurrency is making headway in the real world. Recently, Cardano was added to Centra wallet, which means that it has been accepted on to the Centra card. Cardano is now spendable money to buy goods and services from 38 million locations around the world. Such a move is set to push the price of the cryptocurrency higher and increase its acceptability.



