CardanoADA
CardanoRank: # 10
Market Cap: $ 33,989,610,245
Volume (24hrs): $ 2,437,813,864
Circulating Supply: 36,516,438,057 ADA
Price in BTC: Ƀ 0.00000793
Change (1 Hr): -0.10%
Change (7 Days): 5.48%
Change (30 Days): 8.44%
All Time High: $ 3.09
All Time High Date: September 2, 2021
Cardano Coverter:
-
$ 0.9308764.52%
Cardano Coverter:
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$ 0.9308764.52%
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- Historical Data
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* Currency in USD
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- London Stock Exchange lists new Bitcoin staking ETPCointelegraph.com News - 14 minutes agoWhile earning yield on Bitcoin holdings is still a novelty, there are opportunities to do so through centralized lending platforms and Bitcoin-related networks. DeFi Technologies’…
- Here’s what happened in crypto todayCointelegraph.com News - 25 minutes agoNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3…
- Bank of Canada: Implement stablecoin regulatory framework or 'get run over'Cointelegraph.com News - 42 minutes agoRon Morrow, head of payments at Canada’s central bank, called on regulators to pass a framework for stablecoins or be left behind. Canada’s central bank…
- Polymarket odds on CZ presidential pardon surge after X profile changeCointelegraph.com News - 1 hour agoAfter stepping down in 2023 as part of a deal with US officials that later sent him to prison, Changpeng Zhao said he had “no…
- Curve Finance community to vote on $60M proposal to make CRV a yield-bearing assetCointelegraph.com News - 1 hour agoThe new Yield Basis would allocate 35%-65% of its value to holders of vote-escrowed CRV, while an additional 25% would be reserved for the ecosystem.…
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
- 0,787163 €
- $ 0.930876
- $0.682998