Crypto war between Cardano (ADA) and Polkadot (DOT) to be the next Ethereum!
Let’s find out who has the better chance of winning that race! 🥇
Polkadot was founded in 2016 by Gavin Wood, former Co-Founder and CTO of Ethereum. Cardano began development in 2015 and was launched in 2017 by Charles Hoskinson, who also co-founded Ethereum. Both are highly respected in the cryptocurrency industry.
What is Polkadot?
Polkadot is a multi-chain application environment, blockchain, and cryptocurrency. A scalable, interoperable & secure network protocol for the next web. The network was built to streamline cross-chain interoperability with the overall goal to power next-generation Dapp development. Polkadot can transfer this data across public, open, permissionless blockchains as well as private, permissioned blockchains.
This makes it possible to build applications that get permissioned data from a private blockchain and use it on a public blockchain. For instance, a school’s private, permissioned academic records chain could send a proof to a degree-verification smart contract on a public chain.
What is Cardano?
Cardano is a proof-of-stake blockchain platform: the first to be founded on peer-reviewed research and developed through evidence-based…
