The Crypto Resources Academy of Argentina is organizing a virtual event with several experts in the crypto space to educate and train the general community about the Polkadot and Cardano blockchains, two powerful networks with a lot of potential to offer.
For this Wednesday, March 17, the Training Academy Crypto Resources, based in Buenos Aires, Argentina, is organizing a event's audience virtual open to the entire community that wants to be a participant in the revolution that the cryptocurrencies, and technology Blockchain currently. The open talk will be focused on publicizing two powerful blockchain networks in development, Polkadot y Cardano, whose innovative technology is making them strong competitors for Ethereum, the preferred blockchain for the development of decentralized projects and applications and smart contracts until now.
The virtual event, called “Open talk: Analyzing Cardano and Polkadot” will take place from 19:00 to 20:30 GMT-3.
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An invitation to the entire crypto community
The main speakers of the open talk organized by Crypto Resources are: Antonio Sanchez, CEO of Inforbyt, president of Blockchain Andalusia and ambassador of Cardano; Hector Bulgarini, full-stack developer and consultant at Parity Networks; Jorgelina Echavarria, member of Block Latina and who will be in charge of moderating the room.
To date, the room has approximately 250 registered members, who are waiting to learn about the full potential that Polkadot and Cardano encompass for the development of the digital industry.
Security, scalability, performance and low costs
Both Polkadot and Cardano are becoming great options for the crypto community, helping them escape the high commission fees present on the Ethereum network. But the potential and benefits offered by these blockchain networks go beyond economics and affordable commission rates. Polkadot and Cardano are designed to offer high performance and scalability, without sacrificing security and low costs.
Polkadot is a recent blockchain ecosystem that launched its Rococo testnet on the market in August 2020, and is preparing the official launch of parachains on the mainnet. This blockchain network aims to be the evolution of this technology, known as Blockchain 3.0. Polkadot implements several secondary blockchain networks, known as parachains, analogous to the sharding or chain fragmentation that Ethereum 2.0 seeks to implement. Parachains ensure great speed and high performance in operations, while offering interoperability for different blockchain networks, taking advantage of the functionalities of each of them. In Polkadot it is also possible to develop custom blockchains, capable of fulfilling specific functions, making them more efficient and scalable.
On the other hand, Cardano has a development team that has focused on building the blockchain from scratch, focusing on solving the main problems that networks such as Bitcoin y Ethereum, and to satisfy the needs of users at all times. The team is building the blockchain in phases, activating new features and improvements in order to provide a more balanced and sustainable blockchain ecosystem for everyone. Currently, the development of Cardano is about to start Goguen, one of the most anticipated development phases, where decentralized applications will be implemented (dApps) and smart contracts on the network.
Both networks focus on security, scalability, interoperability, sustainability and economics. Also, both blockchains implement the proof-of-stake consensus protocol, proof of stake (PoS), so they also focus on being environmentally friendly.
Returns of more than 600% so far this year
The development and innovation offered by these networks is attracting more and more users and followers, who are dazzled by the objectives and goals that these blockchains seek to achieve. The interest of the crypto community has meant that both tokens, DOT from the Polkadot network and ADA from Cardano, are experiencing an incredible increase in value since recent months.
In the case of DOT, the token has grown more than 720% in the last 3 months, going from a value close to $5 USD by the end of December, to more than $36 USD at the time of this edition. DOT reached an all-time high on February 20, with a value above $42 USD per unit.
ADA, Cardano's cryptocurrency, has also shown impressive growth in recent months. Currently, ADA is trading with a value of $1,06 USD per unit, and in the last 3 months its growth has been more than 660%. ADA's growth in the last year has been more than 3.650%.
About Crypto Resources
Crypto Resources Academy is an education center that focuses on providing courses and workshops focused on the crypto economy and the digital industry for all levels. The vision of this organization is to offer the necessary knowledge and teachings to the entire community in general, so that each individual is able to detect all the opportunities, advantages and benefits that the crypto world offers.
In addition to the event of “Analyzing Cardano and Polkadot”, Crypto Resources also celebrated Bitcoin Street Week, which ended yesterday to showcase the current market outlook for Bitcoin, the industry's leading cryptocurrency, which recently marked a new all-time high above $61.700 USD.
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