Cardano
The third-generation blockchain-based system operated by the ADA coin is Cardano. The crypto-currency that runs on the Cardano platform is the ADA coin. Indeed, Cardano is the most interesting and popular type of crypto-currency projects currently on the market. Lots of crypto-currencies arose after the invention of Bitcoin. Cardano, among them, promises unique characteristics and has become very popular. It has borrowed elements including Bitcoin and Ethereum from cryptocurrencies implemented before it. Like Ethereum, it uses intelligent contracts to operate in a decentralized way.
The digital gold
**First generation**
Cryptocurrencies were invented when people started to wonder if it was possible to establish decentralized money transfer and exchange without the intervention of third parties. This led to Bitcoin being deployed by an anonymous person under the pseudonym of Satoshi Nakamoto. It uses blocks containing information pertaining to the network. They are like ledger books, permanently registered by the trans. The block set is known as block-chains.
This brilliant innovation, which was one of the cryptocurrencies of the first century, permitted free transactions between individuals without any external control. It only permitted monetary transactions, however, and it was not possible to set conditions for those transactions.
**Second generation**
The second generation of cryptocurrencies opened up this route. A new programming language was implemented in this kind of cryptocurrencies, which led to the development of smart contracts. The smart contract includes the exchange in a straightforward conflict-free way of everything of value including assets, property, and shares by avoiding a middle man's services.
The Ethereum of Vitalik Buterin was the most famous system which demonstrated that with its smart contract technology, blockchains that are simple payment systems can revolutionize financial systems. For Ethereum, a collectible token known as 'Crypto-kitties' produced a surge. Crypto-kitties caught fire at more than two million dollars a day during the bull market of 2017. However, when the 12 percent of transactions of Kitty tokens in the entire Ethereum network itself brought the network itself to a screeching halt, Etherium faced scalability problems. The absence of a well-thought-out system of governance provided space for change and an incentive for crypto-currency systems of the third century.
**Cardano is different**
The third generation merged all the positive elements of the blockchains of the first two generations, leading to the development of Cardano. In September 2017, Cardano was deployed for two years of production. Charles Hoskinson, who was one of the Ethereum co-founders, is its creator. Cardano is a peer-reviewed paper, unlike other cryptocurrencies. It ensures that experts from all over the world read and improve their reviews of articles.
Cardano plans to fix the new generations' issues, which are:—
Scalability
Interoperability
Sustainablity
Scalability
Because it is a globally based transaction system, it must manage as many transactions per second as possible. Since bitcoin uses a working proof algorithm where the power to mine new blocks is granted to all users. But this leads to time and processing resources being lost. It is also not economical since it allows energy to be lost. With its Ouroboros operating system, Cardano solves these problems with the Proof of Stake algorithm, where the network elects a few nodes to mine the blocks called slot leaders by these elected members. For this, Cardano's work breaks time into Epochs.
Each Epoch, a short period of time in which the blocks are mined, is divided into slots. For that particular slot, only the Slot Leader can mine a block. The leader of the slot listens to and verifies the transactions of the specific slot. If he does not check in time, he will be disqualified from the role and a new slot leader will be chosen. This Cardano technique solves the issue of scalability as an increase in epochs often leads to an increase in slots where parallel scaling of multiple epochs is feasible.
In the P2P network, the blockchains are processed. A copy of each and every transaction is obtained by a node. This poses problems with scalability as there are lots of transactions leading to a lot of bandwidth. To break the network into subnetworks, Cardano uses Recursive Internetwork Architecture (RINA) and can communicate with other subnetworks.
The Cardano team is also looking forward to solving problems with data storage by pruning, compression, and partitioning methods.
Interoperability
Although Cardano is available today with its own protocol and rules, there are thousands of competitive cryptocurrencies. The Cardano project aims to become the blockchain internet where assets can be transferred between blockchains seamlessly.
Since there is no knowledge from whom, to whom or for what cause, it also solves the problems of unreliability by the government. Cardano enables individuals to connect to the transaction meta-data. While this attachment is voluntary, this new function goes hand in hand with the expectations of the conventional banking system.
Sustainability
Cardano enables businesses via Initial Coin Offerings to grow around cryptocurrencies (ICO). It aims to create a treasury where a small percentage of all network transactions are collected and this amount is used to improve the Cardano protocol where users provide the group with the information and money required for implementation with suggestions. The most famous proposal is taken and money from the treasury will be spent as resources for the proposal's fulfillment. The key benefit of this process is that nobody manages the treasury and the ideas are selected by voting.
Our Anniversary
Today marks our third year wedding anniversary. So what's the plan?
**Nailspa**
I will treat my wife to do a nailspa. I'm sure that she will enjoy it. She hadn't got her nails fix for a long time now because we are short on budget.
**Watch a movie**
We will watch our favorite movie "Titanic". But not on theater, just on our small television with a dvd player connected. We will watch it while im hugging her sitting on our sofa. Cheap but romantic.
**Go to her favorite restaurant**
Maybe not. As I have said, we are short on budget right now because we are saving for her future labor. I'm just gonna go to the market and I will cook her favorite food "chicken adobo". It's the effort that counts, right?
**And lastly, say I love you while handing him a rose**
I can't afford to buy her a bouquet or barely a single rose. So I'm just gonna ask my neighbor if I can pick a rose on their garden for free. I hope they would agree of this. If not, maybe some other time. 😅
I may not be able to give my wife her ideal wedding anniversary date for now. But I promise that I will do my best to save more money to give it to her even once.
I love my wife with all my hearts and our future baby and I will do everything for them to make them smile.
Happy third wedding anniversary my love!
Ps: wedding ring in the lead image was just downloaded from google. Our wedding ring is at the pawnshop right now. I still don't have the right amount to redeem it. 😆
I am not good at writing
You don't know how long I stared at the title, wondering if it would make sense or read well. Ditto the last sentence of that. No planned irony, it just happened that way.
If you're an author, chances are that this header will be relevant to you. At this very moment, maybe it's you. Perhaps last week it was you. Perhaps most days it's you. It's probably me, not most days, but with annoying regularity. So I thought it was time for that to be discussed.
Let's start off by looking at what 'good at writing' means to us.
Are we just talking about a competent writer; someone with above average spelling, grammar and phrase and story structure skills? Or is it greater and more nuanced than that; someone with all the above plus outstanding abilities in storytelling, a broad and sophisticated vocabulary, sophistication, eloquence, and a borderline capacity to empathize with telepathy?
I think most of us would pass the former criterion with flying colors, all would love to be the latter, but somewhere in between, in fact. Skills are not linear. In various fields, we all have strengths and space for enhancement in others. Many write cracking plot lines but struggle with voice or characterisation. Some build characters that are beautiful, realistic, but lack pace. Some write elegant prose, but they're dreadful spellers (my other half is a dreadful speller, I'm sure he'll certainly mind telling you).
So, at the very least, if you have decided to be a novelist, in the traditional sense, it is more than likely that you are not good at writing.
But what if you still think you aren't good at writing, even with the knowledge that you're a professional writer?
I figured (again) at the time I wrote the headline for this, that I was not good at writing.
That isn't enough.
I want to be more than I am while writing.
'No good at writing' means 'not as good as I wish I had been' for me. What I fear, what I believe many of us are afraid of, is mediocrity.
We all have internal problems of our own, right? It's one of my big gigs. I know other individuals with the same problem. We know, at a reasonable moment, that no one can certainly determine who or what is, or is not, mediocre, and what does it mean or matter anyway? The important thing is that we love to compose and want to be the best we can be.
But what if it's not good enough to please us, the best we can be? (I hear my cries of subconsciousness).
Oh, maybe it won't be. But how are we going to know? Who can say how long it's going to take to get there? Everything we're able to do is keep going. Continue writing. Continue to get stronger. And stop speaking out of it ourselves.
My work
As I have mentioned on my first article, I work as a construction worker every Monday, Wednesday, and Friday. We are building a bridge in our area.
I am part of a construction crew and I perform task on the construction site that requires physical labor. I usually do different types of work like clearing the site, making barricades, up to using machines that is needed for the construction.
Being a construction worker is very tiring because it requires physical labour. But, I don't have the time to complain because I want to give my wife and our future baby their needs.
Even though my salary is at minimum wage, I'm still happy with my work. Because I'm enjoying what I'm doing and the company of my fellow labourers. And I can say that being a construction worker is not bad. As long as you are earning clean money, nothing is to be ashamed of.
Goodnight everyone!
Hello
I've was invited by @Auss . He told me that I can earn cryptocurrency (Bitcoin Cash) here by writing creative contents and interacting with other users. Based on what he told me, I can write anything I want as long as it is not attacking any other person and it has no explicit content.
I used troll as my pen name because one of the characters in trolls has the same name with me.
I live in a third world country wherein resources are scarce. So if you do not put up some extra effort to find something that can give you even a few extra bucks, nothing will happen.
I work in a construction site every monday, wednesday and friday and as a carwash boy on tuesday and thursday. Saturday and sunday is my free time but still I'm looking for another work because me and my wife will have a baby soon.
My hobbies are playing basketball and volleyball. I've been a varsity player when I was ib highschool. I didn't get a chance to get into college because of some financial problem.
I was raised with my two siblings on my grandmothers side because my family was separated.
Growing up with no father and mother by your side is difficult. But still, I'm thankful to my grandmother because she raised us well.
I'm hoping that I can learn something new form here and making friends with other users on this platform.
Ps: not me on the lead image but same work that I do.