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Cardano has entered the US digital asset strategic reserve. Can its technological advantages support long-term value?
{:en}Recently, former US President Trump signed an executive order to officially include Cardano (ADA) in the national digital asset strategic reserve (DAS). This decision has caused widespread controversy in the crypto industry. As the native token of the old smart contract platform Cardano, Cardano has been based on the market with its research-driven design concept and unique proof-of-stake mechanism (DPoS) since its birth through ICO in 2017. However, its low on-chain activity and slow ecological development have also made the outside world question whether it has the long-term value to enter the government asset pool. From the perspective of technical architecture, the underlying design of Cardano is indeed unique. Cardano adopts an extended UTXO model and combines it with an…
Cardano has entered the US digital asset strategic reserve. Can its technological advantages support long-term value?
{:en}Recently, former US President Trump signed an executive order to officially include Cardano (ADA) in the national digital asset strategic reserve (DAS). This decision has caused widespread controversy in the crypto industry. As the native token of the old smart contract platform Cardano, Cardano has been based on the market with its research-driven design concept and unique proof-of-stake mechanism (DPoS) since its birth through ICO in 2017. However, its low on-chain activity and slow ecological development have also made the outside world question whether it has the long-term value to enter the government asset pool. From the perspective of technical architecture, the underlying design of Cardano is indeed unique. Cardano adopts an extended UTXO model and combines it with an…
{:en}Recently, former US President Trump signed an executive order to officially include Cardano (ADA) in the national digital asset strategic reserve (DAS). This decision has caused widespread controversy in the crypto industry. As the native token of the old smart contract platform Cardano, Cardano has been based on the market with its research-driven design concept and unique proof-of-stake mechanism (DPoS) since its birth through ICO in 2017. However, its low on-chain activity and slow ecological development have also made the outside world question whether it has the long-term value to enter the government asset pool. From the perspective of technical architecture, the underlying design of Cardano is indeed unique. Cardano adopts an extended UTXO model and combines it with an…
Cardano has entered the US digital asset strategic reserve. Can its technological advantages support long-term value?
{:en}Recently, former US President Trump signed an executive order to officially include Cardano (ADA) in the national digital asset strategic reserve (DAS). This decision has caused widespread controversy in the crypto industry. As the native token of the old smart contract platform Cardano, Cardano has been based on the market with its research-driven design concept and unique proof-of-stake mechanism (DPoS) since its birth through ICO in 2017. However, its low on-chain activity and slow ecological development have also made the outside world question whether it has the long-term value to enter the government asset pool. From the perspective of technical architecture, the underlying design of Cardano is indeed unique. Cardano adopts an extended UTXO model and combines it with an…
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