Crypto Training – For Newbies
Part 2
Today…a look at two of the more popular Cryptocurrencies…
1. Solana – created by Anatoly Yakavenko – Solana was named after his favorite beach. Solana claims their blockchain can handle up to 710,000 transactions per second – 30x more than what Visa currently handles. Fast and cheap.
2. Cardano – founded by 2015 Ethereum’s Charles Hoskinson.. Ethereum is now Cryptocurrency’s 2nd largest Cryptocurrency. It’s other founder was Vitalik Buterin. Cardano and was named after the mathematician Girolamo Cardano.
Interestingly both fairly dissimilar yet both a pretty good chance of making you a great R.O.I – especially long term.
Solana’s blockchain is strucutured on “Proof of history”. Using time-stamps.
Cardano’s blockchain is structured on “Proof of stake”. Uses Epochs and slots or nodes. Plus sidechains and bridges. Making Cardano very scaleable.
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