The host of Coin Bureau says that Cardano can spark a massive new wave of crypto innovation that will rival the launch of Ethereum.
Pseudonymous analyst Guy says tells his 1.36 million subscribers that with many decentralized applications (DApps) set to launch on its mainnet, Cardano is providing massive opportunities.
“We are now on the brink of another explosion in crypto innovation, the likes of which we haven’t seen since Ethereum launched back in 2015, and early adopters will stand to reap the greatest rewards.”
Guy says that one reason users and developers are drawn to Cardano is because of its unique staking system, which – according to him – makes it one of the most decentralized cryptocurrencies on the market.
“The staking rewards decline if there is too much Cardano in a single pool. This encourages decentralization…
ADA’s staking rewards are currently around 4.5% per year, and the fact that there is no staking lock or unlock time makes it a no-brainer to do so, hence, why nearly 70% of ADA’s supply is currently being staked. This makes Cardano the highest valued blockchain by active stake.”