WHAT IS CARDANO (ADA)?
Cardano is among the first to use a Proof of Stake blockchain on cryptocurrencies. It was developed using the Haskell programming language. It uses proprietary blockchain technology called “Ouroborous” and offers advanced security and functionalities not found in other PoS coins.
CARDANO (ADA): HISTORY
Cardano was developed to combine the best of Bitcoin(BTC), Ethereum (ETH) and Litecoin(LTC), the three most popular cryptocurrencies in the market into one coin. The currency was officially launched on September 29th, 2017.
HOW DOES CARDANO (ADA) WORK?
Cardano relies on the relatively new Haskell Programming Language, which is a purely functional language that makes use of “lazy evaluation” strategy. Their proprietary blockchain algorithm is the only provably secure leger system right now. It also employs a “Settlement layers” that both speeds up all transactions and also follows a rewarding mechanism to make it more interesting and profitable for miners and buyers.
HOW TO BUY CARDANO (ADA)?
The first thing to do if you are looking to buy Cardano is to create a secure, private wallet to store the coins you buy. The best place to get a Cardano wallet is Daedalus. After installation and syncing, you have to just hit create a wallet, follow the screen instructions to open a new wallet. After that buy some Ethereum (skip if you already have Ethereum) and use an exchange like Binance to convert it to Cardano and use the wallet you created to store it.
CARDANO (ADA) PRICE PREDICTION 2018
Cardano is a promising new currency to stake in your spare cash. Its current value is $0.34417. So if you spend, say 100$ to by Cardano, you will get around 290.5 coins. Based on our forecasts the coin is going to see a linear increase in value and the 5-year prognosis places the value at around 17.941$. So that is more than 50 times than the current value. you may get around 5200 dollars for your 100$ investment. Cardano’s market cap is $8,923,190,232 and has a volume of $1,250,860,000 in the past 24 hours. The total coin supply is 25,927,070,538 ADAs. Cardano price today, price chart, Cardano history, Cardano wallets, Cardano exchanges, where to buy Cardano, Cardano mining, how to buy Cardano.