156
#1
Cardano is a proof-of-stake blockchain platform focused on positive global change. Cardano ADA is a relatively new cryptocurrency launched as the best alternative to Bitcoin. Although it is still far from what Bitcoin has achieved in terms of value and market capitalization, it is slowly gaining ground in real world applications.
If you look at what Cardano is trying to achieve, it's hard to discuss what he means in just one or two sentences. IOHK (the research and development company behind Cardano) founder and CEO Charles Hoskinson calls it the “Swiss Army Knife of protocols.” He is highly regarded for his ability to solve real problems.
Like other cryptocurrencies, the Cardano network has a native coin called ADA (named after the 19th century mathematician and inventor, Ad Lovelace). The web itself is a platform on which individuals and companies can create applications to solve specific problems. Cardano is backed by IOHK, The Cardano Foundation and Emurgo.
Cardano as a platform has been used for various projects solving real problems. It has been used to prevent counterfeit medicines as well as to provide access to microfinance. The network offers people many opportunities to implement projects that improve the world we live in.
Coming back to Cardano ADA, it is a cryptocurrency and the native digital currency of the Cardano network. It was launched through an ICO (Initial Coin Offering) in September 2017. The founder and his team wanted to create a network that values security and privacy and is also compliant with regulations.
If you look at what Cardano is trying to achieve, it's hard to discuss what he means in just one or two sentences. IOHK (the research and development company behind Cardano) founder and CEO Charles Hoskinson calls it the “Swiss Army Knife of protocols.” He is highly regarded for his ability to solve real problems.
Like other cryptocurrencies, the Cardano network has a native coin called ADA (named after the 19th century mathematician and inventor, Ad Lovelace). The web itself is a platform on which individuals and companies can create applications to solve specific problems. Cardano is backed by IOHK, The Cardano Foundation and Emurgo.
Cardano as a platform has been used for various projects solving real problems. It has been used to prevent counterfeit medicines as well as to provide access to microfinance. The network offers people many opportunities to implement projects that improve the world we live in.
Coming back to Cardano ADA, it is a cryptocurrency and the native digital currency of the Cardano network. It was launched through an ICO (Initial Coin Offering) in September 2017. The founder and his team wanted to create a network that values security and privacy and is also compliant with regulations.
