Therefore, at its core, Cardano is a project where developers can build high-performing decentralized projects that are both faster and cost-efficient.
Cardano did not begin with a comprehensive roadmap or even an authoritative white paper.
Many decentralized finance projects continue to be built on the Cardano blockchain, and Layer-2 L2 run those Cardano DeFi projects.
The smart contract, in this instance, would be programmed to send a transaction the loan to the borrower immediately after the collateral wallet received the right amount of funds.
This means that the current downtrend is likely to end when buyers appear in the oversold region.
The founder is well-respected by crypto enthusiasts.