Cardano VS Yield Protocol
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.
Yield Protocol is a yield-bearing cryptocurrency with a yield of 6% per year. This yield can be obtained by staking the coin in your wallet, and holding it for at least 30 days. The yield protocol has many benefits over other currencies, including: - A high yield rate of 6% per annum, which improves returns on investment - An algorithm that makes mining more efficient than PoW or PoS coins - Proof of stake system for securing the network (compared to proof of work)
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