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June 15, 2022 by user

What is Cardano (ADA)?

What is Cardano (ADA)?
June 15, 2022 by user

What is Cardano (ADA)?

Cardano is a Proof of Stake blockchain that aims to provide unparalleled security and sustainability to decentralized applications, systems, and societies. Its native cryptocurrency, ADA, is used to pay for transactions, secure the network, and for governance.

What makes it unique?

Cardano is the first blockchain to be founded on peer-reviewed research and developed through evidence-based methods.

Why is it getting attention?

Cardano’s Founder is Charles Hoskinson, a Co-Founder and former CEO of Ethereum. He recently stated that there are nearly 200 decentralized applications currently being built on the network.

Cardano (ADA)
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