What is the cryptocurrency Cardano (ADA)? Features, exchanges where you can buy, and future prospects
What is Cardano in cryptocurrency? It is the ADA coin, and as of now (September 13, 2018), it is a notable cryptocurrency ranking 10th by market capitalization.
This article will introduce the following about Cardano.
- Overview of Cardano
- Characteristics of Cardano
- Relationship between Cardano and ADA
- Cryptocurrency exchanges that handle Cardano (ADA)
- Future prospects for Cardano (ADA)
We will introduce the above.
Also, since it is easy to confuse Cardano and ADA,
please recognize Cardano = ADA coin, and you’ll be fine.
Now, let’s take a look at Cardano right away.
What is Cardano in cryptocurrency / Features
Cardano is a decentralized platform built to securely exchange value.
In addition, Cardano is a blockchain constructed using a highly secure programming language called [Haskell], and it enables the execution of smart contracts—from agreement to fulfillment—at low cost.
Cardano began development at the end of 2014 by three independent organizations:
- Cardano Foundation
- Input Output HK (IOHK)
- Emurgo
Cardano is created by these three independent organizations.
Since the three organizations have different roles, each will be explained one by one.
Role of the Cardano Foundation
- Chairman: Michael Parsons
- Location: Switzerland
- Corporate purpose: Standardization, protection, and advancement of Cardano technology
The role of the Cardano Foundation is..............continued below ⇩
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