CardanoADA
CardanoRank: # 11
Market Cap: $ 21,591,658,660
Volume (24hrs): $ 730,792,241
Circulating Supply: 36,110,476,425 ADA
Price in BTC: Ƀ 0.00000571
Change (1 Hr): -1.21%
Change (7 Days): -13.71%
Change (30 Days): -19.65%
All Time High: $ 3.09
All Time High Date: September 2, 2021
Cardano Coverter:
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$ 0.5979372.95%
Cardano Coverter:
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$ 0.5979372.95%
Cardano Chart
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Cardano Chart
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More Information
- Historical Data
- Markets
- Social
- News
* Currency in USD
| Date | Open | Close | High | Low | Volume |
|---|
| # | Source | Pair | Volume | Price | Change | Updated |
|---|
- Canada’s Sol Strategies files with SEC to list on the NasdaqCointelegraph.com News - 6 minutes agoSol Strategies’ stock price rose by more than 4% following the announcement that it has filed to be listed on the Nasdaq exchange. Sol Strategies,…
- Pacific nation Nauru passes law to establish a crypto regulatorCointelegraph.com News - 40 minutes agoThe brother of former FTX CEO Sam Bankman-Fried once plotted to buy Nauru and build a doomsday bunker using funds from the now-defunct crypto exchange.…
- Bitcoin to Ether shift going unnoticed with ‘bear market PTSD’ — TraderCointelegraph.com News - 42 minutes agoA crypto analyst says the altcoin season “we are all craving for” now hinges on Ether doing better and showing strength. Crypto market interest is…
- Ohio House passes bill allowing up to $200 tax-free crypto paymentsCointelegraph.com News - 43 minutes agoOhio’s House passed a bill to legally insulate various crypto activities, such as mining and staking, and exempt some transactions from capital gains tax. Ohio’s…
- Need ChatGPT’s help? It could be making you dumberCointelegraph.com News - 53 minutes agoMIT research has found heavy use of ChatGPT impairs memory, lowers brain engagement and may hinder learning by replacing critical cognitive processes. Artificial intelligence chatbots…
What is Cardano?
ADA is a crypto coin running on Cardano Settlement Layer (CSL) blockchain, the first and most secure blockchain based on Proof of stake mechanism validating the transactions. Cardano team calls their proof of stake mechanism Ouroboros. Unlike Proof of Work, where miners invest energy intensive computing power to mine each block, proof of stake chooses a random miner based on the size of the stake (value). In order to generate or mint a new block, a slot leader is chosen with a probability proportional to the amount of coins this node is carrying. So one of ADA's advantages over Bitcoin, Ethereum and other similar cryptocurrencies is its energy-efficient proof of stake transaction validation system. ADA is flexible like Ethereum due to a second layer Cardano Computational Layer (CCL) which supports decentralized applications and smart contracts.
ADA was initially created by Input Output Hong Kong (IOHK), a blockchain development firm. The project was led by Charles Hoskinson who was a former co-founder of Ethereum, Etereum classic and Bitshares. Presently the ADA team consist of three organizations i.e. Cardano foundation, IOHK, and Emurgo.
The major use of Cardano is the transfer of value. Future development of applications on CCL layer can provide the easy and economical payment solution to service providers such as Uber, Upwork, and alike.
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ADA
Cardano
- EUR
- USD
- GBP
- 0,520755 €
- $ 0.597937
- $0.445251