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ADA Smart Contracts Scalability IssueHi Guys, ADA / USDT The launch of smart contracts on ADA's public TESTNET has shone a light on old protocol design challenges. Key Takeaways ADA's EUTXO-based protocol design has proven challenging for decentralized application developers. Minswap, the first decentralized exchange to launch on Cardano testnet, faced immediate scaling issues last week. While several projects claim to have solved the concurrency issue, none have publicly revealed their solutions. ADA, the third-largest cryptocurrency with a market cap of over $82.8 billion, has become the subject of criticism as its ecosystem infrastructure does not allow for the most basic decentralized applications to function without facing immediate scaling issues. ADA is facing a major scalability hurdle. Input Output, the development company behind Cardano (ADA), announced the launch of the Plutus smart contract functionality on testnet last Thursday. Since the update went live, Minswap, the first decentralized exchange to launch on testnet, has run into severe scaling issues, raising concerns about Cardano’s capability to run smart contracts. Always leave a like, follow and share our ideas daily. TRADE SAFE.
by GerradFletcher
3
ADA time to go short.Hello everyone, today we had the opportunity to make 15/20% profit on ADA. But now it is time to take profit and wait for ADA to test support. We may see Cardano go a bit lower during Sunday, but this is not a big issues at all. We want to follow the market's rules and make money whenever we can. I am so happy that 1200 people had the opportunity to make such a big profit thanks to one of my videos. Please, feel free to use the comments area below for any questions you may have. In the near future my website will be available to help you guys make some good profit easily and without much research!
by michael772
Cardano(ADA) Price Prediction Until The End Of 2021Hello crypto investors, This is my first ever price prediction here on TradingView. I hope you will like my Cardano($ADA) price prediction. Since the last bottom, 96 days ago, Cardano increased its marked cap twice. I believe this is due to much viral news(mainly rumors) about Cardano's smart contracts. Imagine what will happen when they actually introduce the smart contracts in the system. There may be a small % of people(newly crypto investors) that will sell because of the 2x. Hence I expect a price drop to around $2.50 this month. At $2.65 and below I will start adding more $ADA to my portfolio. As usual, there will be a quick jump to ~$ 3.40 and then followed by a small drop in the price to ~$3.00. In late October or early November, I expect $ADA to start a new bull rally. Until the end of the year, the price should reach ATH around $4.00. Maybe we will test the $4.20 zone but nothing more. What are your predictions about $ADA until the end of the year? Let me know in the comments.
BINANCE:ADAUSDLong
by NekufCrypto
ADA USDT Idea in my opinion, *ada compare to the btc looking good and it can raise around 18% *and also the Dominance of ada formed an ascending triangle and the target for that is around 6% of the market which is about 40% increase *for the short term, I expect that ada reach the 3.4 target (personally if the price reach to this level i will take some profit), *and after that, only if the price reject from 3.4 zone it will correct and fall to the 2.1-2.2 zone and this zone is the best entry point if you want to buy some
by mahdibland
1