Cardano #1 Decentralized POS Chain And COTI Private payments Network
Cardano is the number decentralized proof of stake blockchain in the world. Cardano is the best pos chain out there and offers a strong community as well. Cardano was compared to other pos chains for energy consumption per transaction as well. It didnt do so well but that doesn't mean it falls flat. Cardano's decentralization comes at a cost but when stacked agaisnt the cheapest transaction pos chain Solana, Cardano still comes out on top annually cheaper than Solana. Cardano may cost more energy per transaction but over time Solana's more transactions annually add up.
The annual best crypto influential person of the year went to Charles Hoskinson, the creator of Cardano. Im sure he is drinking the tears of his opponents right now. CZ chimed in to congratulate the Cardano creator on Twitter. Also on the list was Vitalik Buterin who lost by a landslide. Charles deserves the accolades after being suppressed for so long in the media.
COTI payments just upgraded and have a new thing. They have the private payments network ready to go. COTI payments has changed the game, allowing for enterprises to transact privately on chain. This opens the doors for institutions to conduct business transactions on the Cardano blockchain. Private networks allow for business's to conduct transactions as usual but with instantaneous results using the blockchain for seemless and trustless interaction with clients.
#cardano #decentralized #proofofstake #coti
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