Popular crypto analyst and a formal senior analyst at eToro, Mati Greenspan believes that IOTA and Cardano (ADA) are two years off from achieving their respective goals. Greenspan was responding to the tweet from the handle Shubham who asked about his thoughts on the two coins.
Both are largely under construction at this time. Check back in a year or two. https://t.co/2kCGSn1rNF
— Mati Greenspan [tweets are not trading advice] (@MatiGreenspan) January 6, 2020
Cardano is regarded as one of the interesting projects within the blockchain ecosystem
Cardano is seen by many as one of the top projects in the crypto sphere despite the delay in the launch of its highly anticipated Shelley mainnet.
Led by the highly respected Charles Hoskinson, Cardano is developing one of the best and highly scalable blockchains in the industry. 2019 was majorly a year where the platform made immense developments to its blockchain technology.
NewsLogical reported last month that Cardano Shelley testnet had attained a record 8.9 billion ADA coined staked which amounted to around 28.7% of the total ADA (31billion) in supply.
In addition, there have been some partnerships achieved by the blockchain with regards to adoption. Sportswear giants New Balance agreed a strategic partnership with the blockchain. African nation Ethiopia also signed an MOU with Cardano to develop a new digital currency for the country.
IOTA continues to push towards achieving synergy between IoT and blockchain technology
IOTA (MIOTA) is regarded as the pioneer and most popular blockchain that integrated IoT with blockchain technology. IOTA has embarked on an aggressive partnership policy in the past 12 months with the platform inking important deals in different sectors.
The platform announced in October the launch of a DLT solution that would increase sustainability in the fashion industry. This solution was tested by luxury fashion brand ALYX. Customers were able to track and monitor the entire process of purchased clothing from its production up to the retail point of sale with a dedicated app.
IOTA (MIOTA) has the perfect blockchain architecture to buoy the move for a connected world. As the year gradually unfolds and brings forth what it has for the crypto community, IOTA (MIOTA) intends to get more inroad in the world of IoT in the later months of the year.