In this blog post we will talk about northcoin Cardano ADA. what it is? how it works? and other features such as staking so make sure you read the blog till the end.
Quick look at cardano:
The live Cardano price today is $0.458755 USD with a 24-hour trading volume of $558,824,169 USD. We update our ADA to USD price in real-time. Cardano is up 2.73% in the last 24 hours. The current CoinMarketCap ranking is #8, with a live market cap of $15,681,179,509 USD. It has a circulating supply of 34,182,044,153 ADA coins and a max. supply of 45,000,000,000 ADA coins.
What is cardano ada?
mathematician charles hoskinson who also co-invented ethereum founded cardano. The mission of cardano is to establish a blockchain platform for change makers innovators and visionaries with the tools and technology required to create potential for the many as well as the few and bring about good global change.
According to the company’s website cardano is a decentralized proof of stake polonium-2 sulfide blockchain designed to be a more efficient alternative to proof of work, power networks, scalability, interoperability, sustainability, growing, costs energy use and slow transaction times are critical tenets behind cardano’s development.
The cardano blockchain technology is the first of its kind to be based on scholarly research that has been peer reviewed academic research serves as the overall project’s compass, and before entering development all platform integrations and implementations are thoroughly investigated modeled tested and challenged the digital currency token connected to Cardano is called “ADA” contrary to bitcoin and ethereum where the organization and token share the same name and are interchangeable.
This arrangement is more common similar to how ripple the company and XRP interact Cardano and ADA have a similar relationship.
Where Can You Get Cardano-ADA-?
As one of the biggest cryptocurrencies in the world in terms of market capitalization, You can buy Cardano on Binance, Bittrex, eToro, and HitBTC.
How is cardano different from bitcoin?
Cardano is an open source project that allows other developers to create tokens decentralized applications or create other use cases for scalable blockchain network. It uses proof of stake in its consensus and doesn’t reward ada as an incentive in a competitive mining process like bitcoin does .
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