Cardano Might Get Ahead of This 1 Big Risk. But Is It a Buy?
Cardano (CRYPTO: ADA) might have a significant lead in a domain that most other cryptocurrencies are only starting to think about. That domain pertains to a certain risk that could crack the cryptography that protects today's blockchains from intruders, hackers, and other bad actors.But does mounting a defense against a potential risk that's far in the future make this coin worth investing in right now?Today, blockchains rely on cryptographic security to guarantee that investors' funds remain secure in their wallets, and that decentralized finance (DeFi) applications can safely transact without the fear of having their ciphers broken. Broadly speaking, encryption is not an issue that investors tend to care about in the context of buying coins. But, under one specific scenario, it could become a major differentiator, and in that scenario, Cardano would likely be one of the market's leaders.Continue reading
Cardano (CRYPTO: ADA) might have a significant lead in a domain that most other cryptocurrencies are only starting to think about. That domain pertains to a certain risk that could crack the cryptography that protects today's blockchains from intruders, hackers, and other bad actors.
But does mounting a defense against a potential risk that's far in the future make this coin worth investing in right now?
Today, blockchains rely on cryptographic security to guarantee that investors' funds remain secure in their wallets, and that decentralized finance (DeFi) applications can safely transact without the fear of having their ciphers broken. Broadly speaking, encryption is not an issue that investors tend to care about in the context of buying coins. But, under one specific scenario, it could become a major differentiator, and in that scenario, Cardano would likely be one of the market's leaders.
