Cardano (ADA) Cambia

What Is Cardano?

Cardano is a crypto project that was launched in 2015, by a company named Input-Output Hong Kong (IOHK). It’s interesting to mention that the company’s manager is the co-founder of Ethereum! The platform is decentralized, and it uses a proof-of-stake algorithm to validate transactions.

The core idea behind it is to use a custom blockchain protocol (Ouroboros) that will outperform other blockchains, most notably Ethereum. The blockchain uses ADA as its coin. The latest ADA coin news imply this asset has a really bright future — it is obviously time for all the investors to get more information on the native Cardano currency. It is worth mentioning that most major exchanges allow the users to buy Cardano with fiat, so it gets even more easily accessible.

Cardano raised $63 million during its ICO, and the ADA coin’s all-time high was $1.18. The total supply of ADA coins is 31.63 billion.