As someone with an active crypt-related career, when someone asks me about a solid investment, I will tell them to Buy Cardano. My recommendation is to at least dedicate part of their portfolio to Cardano. This is mostly because ADA is probably as low-risk of an investment as one can make. Charles Hoskinson has recently stated on his YouTube account that Hydra is a commercial priority. Hydra is a layer-2 scalability solution that will significantly reduce transaction time. The solution can cause massive rallies for the price in case of a successful launch.
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Hail Hydra
First things first, here is how the layer-2 scalability solution works in the words of grand wizard himself Charles Hoskinson:
“Hydra is a layer-2 scalability solution that seeks to address these concerns by providing more efficient means of processing transaction off-chain for a set of users while using the main chain as a secure settlement layer…
Hydra maximizes throughput, minimizes latency, incurring low-to-no cost, and greatly reduces storage requirements.”
A successful execution of Hydra can very likely make Cardano the most scalable blockchain network ever. As of now, the Solana network is perhaps the number one competitor taking this spot. However, as it is the curse of all blockchain, there is a trilemma.
Generally speaking, the blockchain trilemma is a predominant challenge for the network. Each network has to make a compromise in one of the three categories of decentralization, scalability and security. Solana may be fast, but it has turned out to be much more centralized than previously thought.
In that regard, if Cardano can make a groundbreaking improvement on scalability, it will be the first network to finally have all three of the qualities.
Here is how to Exchange Cardano anonymously, with the best possible exchange rates.
Cardano is Underrated
ADA, the native token of the Cardano network has been in a bit of a slump. Especially considering the bullish market of October 2021, ADA seems to be behind. Regardless, massive amounts of money are being invested into the network. The inflows are generally high and the stake pools are fat. In a sense, unlike a pump and dump event when the money goes into the coin for short-term investments, Cardano investors are in it for the long haul.
The large investment volume is an incredibly strong indication of long-term payoff as well as a robust stronghold in case of a bear market.
And That is why I tell those who ask me to Buy Cardano. It may not pump like SQUID, it may not be as funny as Shiba Inu, but it is a reliable asset.
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