|
Cardano ADA |
BUY
|
|
€0.229778 |
-3.75% (24h) |
|
|
Marketcap |
||
|
€8,294,165,027 |
||
|
Volume 24h |
||
|
€320,239,765 |
Description
Cardano (ADA) is a blockchain platform that aims to create a more secure and scalable infrastructure for the development of decentralized applications (dApps) and smart contracts. Launched in 2017 by Charles Hoskinson, one of the co-founders of Ethereum, Cardano is built on a research-driven approach and uses a unique proof-of-stake consensus mechanism called Ouroboros. ADA, the platform's native cryptocurrency, is used for transactions, governance, and staking on the network. Cardano's development is divided into several phases, with a focus on security, scalability, and interoperability.