Why is Fantom price dropping?

The Fantom network is no longer experiencing the kind of adoption it was getting. This is because of the availability of more competing products like the Bitgert BEC20 blockchain . It is a cheaper and faster chain which makes Fantom appear inferior. Therefore, the FTM needs to work on its mainnet.

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Is ADA more decentralized than Bitcoin?

When viewed as they are now, both Bitcoin and Cardano have their strong decentralization points. Cardano may have an edge in the number of decentralization metrics it outscores Bitcoin . However, the importance of these metrics is subjective and may or may not influence one’s choice of which is more decentralized.

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Is Cardano really decentralized?

Cardano is a public blockchain platform. It is open-source and decentralized, with consensus achieved using proof of stake . It can facilitate peer-to-peer transactions with its internal cryptocurrency, ADA. Cardano was founded in 2015 by Ethereum co-founder Charles Hoskinson.

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