Preston Byrne on Cardano

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Preston Byrne is an independent consultant that advises law firms, corporations, and the public sector on cryptocurrencies. He co-founded and worked as COO of Monax Industries, a blockchain infrastructure provider.

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Cardano is a cryptocurrency and smart contract platform with a focus on scalability and interoperability.

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Cardano reviews by Preston Byrne

πŸ”‘ 0 positive | πŸ’© 2 negative

2018

  • πŸ’©

    Cardano and Marmotcoin currently processing roughly the same number of on-chain txs.

    2018-03-10 | Full Review

  • πŸ’©

    Cardano and Marmotcoin currently processing roughly the same number of on-chain txs.

    2018-03-10 | Full Review

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πŸ’©

Litecoin, a cryptocurrency nobody uses, is now comparable in notional value to the silver market.

2017-12-12 | Full Review

πŸ’©

In crypto it makes sense to do things like MakerDAO which is 300% collateralized while the price of everything goes up. In a black swan, however, this arrangement means the holder of a CDP loses money 3x as quickly on the way down.

2018-04-21 | Full Review

πŸ’©

Just because a document shows a certain bank balance amount on a certain date doesn't mean the funds are unencumbered/free and clear.

An audit, which Tether refuses to provide and which companies large and small undertake on a regular basis, would answer that question.... Additionally, assuming, arguendo, that Tether is backed 1:1 (which I otherwise do not), that much cash sitting in a bank should trade not at par but at a discount commensurate with the credit rating of the bank.

2018-06-20 | Full Review

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πŸ’©

How did [Cardano] become a $10B coin when it's only 3 months old and the only major exchanges trading it is Bittrex and Binance and without even any fiat trading pairs?

Either the market is crazy or Cardano will end world hunger.

2017-12-16 | Full Review

πŸ”‘

Cardano's rise is encouraging. In a sea of ICOs the market recognized & financially aligned with a project led by a very credentialed team w strong computer science & cryptography backgrounds who worked for years.

2017-12-19 | Full Review

πŸ’©

The entire Cardano network is currently centrally controlled by @InputOutputHK and processes a whopping ~50 transactions *per hour*. This thing definitely deserves a $3.5B market cap and @coinbase listing, right? .... right?

Jackson Palmer, Group Product Manager at Adobe and Creator of Dogecoin

2018-07-13 | Full Review

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