Thinking about getting started with cryptocurrency? You’ll need to use an exchange platform such as Cardono. Find out more here.
Cardano is a company in the cryptocurrency sector, more specifically a cryptocurrency trading platform that is among the most important in its field. Take a look at this article to find out more about the platform.
Cardano is a third-generation blockchain project dubbed "the first scientific blockchain in cryptocurrency". It is an open source blockchain, but also a platform to sign smart contracts.
The Cardano blockchain makes a token known as ADA available to its users. The creation of this crypto dates back to 2015, but its official launch was in 2017.
Cardano is powered by a group of well thought out technologies with the aim of making it a high-speed blockchain. Some of its stand-out technologies include:
Charles Hoskinson, co-founder of Ethereum, is the leader of Cardano. Following a disagreement over the custody of Ethereum's for-profit status, he left to launch his own cryptocurrency.
Three entities are working on the development of Cardano:
Blockchain is defined as storage technology that enables transparent and secure transmission of information. The blockchain operates without any controlling body.
This Blockchain is considered "a trusted solution" for the following reasons:
As a reminder, Cardano is an open source blockchain project, but also the only project that follows a scientific approach compared to its predecessors. Indeed, the Cardano blockchain consists of two layers. One is dedicated to settlement while the other is used for computation.
The first layer has been developed and is already functional. Consumers can send and receive Cardano (ADA) tokens from one wallet to another.
The second layer is under development. This layer can allow users to initiate and sign smart contracts.
The separation of the IT layer is an advantage for ADA users. First, they can use the same currency in different countries. Secondly, they can comply with different laws and regulations.
By subscribing on Cardano's website "cardano.org", which enables you to buy, sell, trade and store Cardano crypto-currencies and other virtual currencies.
There are also several specialized online platforms where you can legally buy Cardano (ADA) tokens, such as:
The value of Cardano (ADA) moves in real time and can be seen on most stock brokerage sites. The price is also available on sites like Google finance and Yahoo finance.
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