Читать книгу Cryptocurrency All-in-One For Dummies - Peter Kent, Kiana Danial - Страница 85

Cardano’s main traits include the following:

 Cardano’s token symbol for investors is ADA.

 Cardano is not mineable.

 It uses a proof-of-stake (PoS) protocol rather than proof of work (PoW).

 Transaction time for a new block is around 20 seconds.

 Transactions can sometimes be made anonymously using certain exchanges.

 Cardano is decentralized.

 Cardano’s energy cost per transaction is a fraction of Bitcoin’s.

Although team Bitcoin and team Cardano argue their respective cryptocurrencies are the best, each cryptocurrency has their own unique advantages and drawbacks. The best way to go about your investment strategy may be to diversify your assets not only between these options but also among the other categories of cryptocurrencies in this chapter. Find out more about diversification in Book 5, Chapter 5.