Cardano is a proof-of-stake blockchain platform established in 2017, designed to foster innovation and global change through its decentralization, scalability, and transparency features. It aims to offer a more sustainable and efficient alternative to traditional proof-of-work systems via its advanced proof-of-stake consensus mechanism, Ouroboros. Cardano differentiates itself with a multi-layer architecture, enhancing smart contract functionality and supporting a broad range of decentralized applications (dApps), financial services, and protocols. Its native cryptocurrency, ADA, which circulates with a current supply of approximately 35.68 billion out of a total of 36.9 billion tokens, plays a crucial role in peer-to-peer transactions and network governance. With its last known price being 0.50429314 USD and a 7.81% increase in value over the last 24 hours, ADA is actively traded across 1178 markets, showcasing a significant trading volume of $546,742,914.51. Cardano is renowned for its academic rigor, with its infrastructure and protocols derived from peer-reviewed research, making it a key contributor to democratizing finance and empowering the blockchain community. The proj...
Cardano is a proof-of-stake blockchain platform established in 2017, designed to foster innovation and global change through its decentralization, scalability, and transparency features. It aims to offer a more sustainable and efficient alternative to traditional proof-of-work systems via its advanced proof-of-stake consensus mechanism, Ouroboros. Cardano differentiates itself with a multi-layer architecture, enhancing smart contract functionality and supporting a broad range of decentralized applications (dApps), financial services, and protocols. Its native cryptocurrency, ADA, which circulates with a current supply of approximately 35.68 billion out of a total of 36.9 billion tokens, plays a crucial role in peer-to-peer transactions and network governance. With its last known price being 0.50429314 USD and a 7.81% increase in value over the last 24 hours, ADA is actively traded across 1178 markets, showcasing a significant trading volume of $546,742,914.51. Cardano is renowned for its academic rigor, with its infrastructure and protocols derived from peer-reviewed research, making it a key contributor to democratizing finance and empowering the blockchain community. The proj...
