How Centralized Is Cardano? Crypto Founder Has Answers And ADA Holders Will N...
Justin Bons, the founder and Chief Investment Officer (CIO) of Cyber Capital has called out Cardano, leveling serious accusations against the prominent blockchain and smart contracts platform. To the dismay of ADA holders, Bons alleges that Cardano is highly centralized, casting shadows over the blockchain’s reputation and foundational nature as a decentralized network. Cardano’s Decentralization […]
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Justin Bons, the founder of Cyber Capital, has launched a scathing attack on Cardano, claiming that the Ethereum competitor is “centralized.” Venture capitalists are convinced that this level of centralization, at the protocol level, is a “major weakness of the proof-of-chain blockchain.” Founder: Cardano Is Centralized According to Bons’ assessment, there is a problem with Cardano’s […]
Cardano founder Charles Hoskinson has expressed a desire to work with Kraken, one of the largest crypto exchanges in the world. This comes as the Layer 2 blockchain market is heating up and major players in the space are delving into developing their own L2s. Cardano Founder Wants To Build An L2 Last week, news […]
Despite the crypto market recovery, a large number of Cardano holders are still nursing losses, leading to speculations as to why this is the case. Data from IntoTheBlock shows that the altcoin is the worst performer in terms of profitability when it comes to the top 10 largest cryptocurrency by market cap, disappointing holders and long-term believers. Cardano Profitability Sits At Only 15% The Cardano profitability has remained low since the market crash of 2022 and even with the market recovery, the majority of investors are still underwater on their investments. This comes as the ADA....
The world’s first licensed Bitcoin-led casino operator, Bitcasino, has made the progressive move to add one of the top cryptocurrencies, ADA, to its payment methods. Holders of the cryptocurrency Cardano (ADA) will now be able to join the Bitcasino community and participate in the vast range of games on the platform. Why Add Cardano? Cardano […]
Cardano (ADA) had since lost its momentum and has been back on another downtrend once more. This time around, the downtrend quickly sent the cryptocurrency back towards the $1 territory. This has had some dire implications for Cardano investors. The majority of these investors have now seen their portfolios descent into the red territory causing them to be taking massive losses at the current prices. Cardano Holders In The Red Much like the majority of the market, Cardano has seen its value decline in recent days. This has been a result of the slowing market momentum which has been....