Cardano (ADA) is a decentralised open source public blockchain functioning as a smart contract platform. It was developed based on scientific studies and peer reviewed academic research. Cardano is what many consider to be the first example of a third generation blockchain. It was created by blockchain development firm Input Output Hong Kong (IOHK) and led by Charles Hoskinson, former co-founder of Ethereum. Daedalus is the wallet for Ada tokens. Coins are mined and decisions are made via a proof-of-stake (POS) algorithm called Ouroboros instead of a proof-of-work (POW) algorithm. The Ada cryptocurrency operates on its own blockchain called the Cardano Settlement Layer (CSL). Read more about Cardano in our cryptocurrency guides. Browse the latest in Cardano news from trusted local and international sources.
2020 will be the year proof-of-stake (PoS) blockchains finally break out. Maybe. Two of the industry’s most hotly anticipated PoS… read more
Load more articles
The information provided here does not constitute investment advice, financial advice, trading advice or any other sort of advice and you should not treat any of this content as such. None of the information should be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. We do not endorse or rate any initial coin offerings or cryptocurrencies listed or mentioned, nor do we encourage our readers to invest in anything. Investing in initial coin offerings or any cryptocurrency is considered a speculative and high-risk activity and we strongly encourage all investors to perform their own due diligence and consider their own circumstances before considering an investment.