Smart contracts: Ethereum and competitors

First was Ethereum

Smart contracts were especially popularized by Ethereum. Capabilities of the second largest blockchain have led to a number of decentralized DApps applications and NFT tokens with numerous usage examples.

New projects with big potential

The Cardano network wants to compete with the conventional payment system, and as a platform is used for fast micropayments with low fees. Cardano is mined using the Proof of Stake method, which is more energy-efficient than Proof of Work.

Investing in smart contract platforms

Cryptocurrencies supporting smart contracts and investing in them is an exciting area. It’s not just about the digital currency as such. There is a good chance that such a blockchain platform will not only survive in the long term, but its value is also likely to increase with the number of projects.



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