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Investment Industry Insider Predicts Cardano as Bull Market Front-Runner, Explains Reasons Behind Choice

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 Investment Industry Insider Predicts Cardano as Bull Market Front-Runner, Explains Reasons Behind Choice - NewsBTC

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Related Reading: Cardano Bulls Come Out To Play: Buy Orders Dominate As ADA Price Soars Highlighting the critical importance of network reliability, van Lagen points to Solana’s vulnerability, marked by its “sporadic inexplicable network outages of a few hours.” He contrasts this with the inherent stability of the Cardano network, which he notes is “mathematically embedded in the Cardano ecosystem,” suggesting a foundation built on rigorous scientific principles and peer-reviewed research that underpins Cardano’s operations, enhancing its reliability and user trust.

Why Cardano Is Van Lagen’s Top Pick Central to van Lagen’s argument is the concept of decentralization, where he posits Cardano as a model of “fundamental superiority.” He articulates, “Cardano stands out for its fundamental superiority over Ethereum and Solana, boasting greater decentralization and the notable absence of support from centralized entities like Gemini.” This statement not only underscores Cardano’s commitment to decentralization but also implicitly critiques the reliance of other blockchains on centralized support, suggesting a purer adherence to blockchain’s original ethos by Cardano.

He explains, “In this bullish market, my top bet is on Cardano, leveraging its EUTXO model to dramatically scale network capacity through TPT, not just TPS.” This approach, focusing on Transactions Per Transaction (TPT) rather than just Transactions Per Second (TPS), allows for a more nuanced and complex handling of transactions, enabling a multitude of operations within a single transaction.


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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-02-12 @ 14:00:17 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 479 words

Reading Time: 3 minutes read

Sentences: 38 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 20046432

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Main Topics: Crypto

Official Website: newsbtc.com

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 1 days ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #102

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