What is Cardano & Ethereum?

Both Cardano and Ethereum can be used for peer-to-peer transactions, but they can also be used as payment for services and processing power on their underlying blockchain networks. However, both are also commonly used as investment products, with users buying them on exchanges and then holding or trading them in hopes of making a profit.

Is Cardano a 'ETH killer'?

When it comes to tribalism, few names can conjure up the burning ire of maxis. In the red corner, we have Ethereum, the second-largest cryptocurrency by market cap. In the blue corner, we have Cardano, a slow yet formidable contender. Even just last year, there was talk of Cardano as a promising "ETH Killer", whatever that means.

What is Cardano & how does it work?

Cardano is one of the biggest cryptocurrencies by market cap. It’s designed to be a flexible, sustainable, and scalable blockchain platform for running smart contracts — which will allow the development of a wide range of decentralized finance apps, new crypto tokens, games, and more. Cardano is one of the biggest cryptocurrencies by market cap.

What are Cardano eras?

Development phases of Cardano, or "eras", are named after notable figures in poetry and computer science: Byron, Shelley, Goguen, Basho and Voltaire. The first three stages implemented a basic blockchain, and then implemented decentralisation and smart contracts. The Basho era focuses on scaling the blockchain.