What is Cardano and when is it set to launch?
Cardano is set to continue changing over the next few months, with the roadmap laying out capabilities via Goguen and Alonzo. But when are they set to launch? Cardano - and its ADA token - is another cryptocurrency to see a drastic increase in price during 2021.
What happened to Cardano in 2018?
Emurgo, which invests in start-ups and assists commercial ventures to build on the Cardano blockchain. At the time of writing (October 2018), approximately 29 billion ADA coins are in circulation, with the total supply planned to be capped at 45 billion. Cardano price went through the same wild roller coaster as many other cryptocurrencies in 2018.
Will there ever be a layer 1 burn on Cardano?
The ADA community seems to agree a burning mechanism will never be implemented on Cardano and classified the rumors as “misleading”. Most of the users seem to agree this system will bring disadvantages to the network. A pseudonym user said: Misleading information. There will never be layer 1 chain burns.
How long will it take Cardano to break $10?
Others are more conservative and believe that while ADA has an overall optimistic outlook, it may take the Cardano altcoin more than five years to break above $10, especially given its slow uptake by developers and stiff competition from both Ethereum and other perceived “Ethereum Killers.”
