Cardano VS Effect Network

Cardano logo

The cardano blockchain is a cryptocurrency that was designed to make transactions, and the technology behind it, more efficient. Cardano is one of the first cryptocurrencies that uses Haskell (a programming language) for smart contracts. The cardano team also plans to solve many common problems with other cryptos like scalability and interoperability issues.

Effect Network logo
Effect Network

Cryptocurrencies are digital currencies that use encryption techniques to regulate the generation of units of currency and verify the transfer of funds. Effect is a decentralized network for Artificial Intelligence computational power all around the world. The effect token (EFX) will be used as a payment method in effect’s ecosystem, which includes effect miner, effect smart market and effect cloud services.


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