Learn the story of the emergence of the digital currency Cardano


 

Varied currencies encoded and spread dramatically recently, as adopted by the global and major companies looking forward some countries such as El Salvador to make its legal currency, and perhaps these currencies experienced a trip of differences and divisions, reached out to the current situation, and here reveal the story of a digital currency Known that witnessed an important part of the history of these coins.


According to Investopedia, Cardano is a cryptocurrency created using a research-based approach by engineers, mathematicians, and crypto experts, and the project was co-founded by Charles Hoskinson, one of the initial five founding members of Ethereum. who was taking Ethereum, he left and later helped create Cardano ) ( ADA


The team behind Cardano created its blockchain through extensive experimentation and peer-reviewed research, and it has been dubbed the Ethereum killer, as its blockchain is said to be capable of more.


However, Cardano is still in its early stages, and while it has beaten Ethereum in the Proof of Stake consensus model, it still has a long way to go in terms of decentralized financial applications.


Cardano aims to be the world's financial operating system by creating decentralized financial products similar to Ethereum as well as providing solutions for blockchain interoperability, and legal contract tracking, among other things.


Also, as of January 2021, Cardano has a market capitalization of $ 9.8 billion and one ADA is trading for $0.31.

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