$ADA

Cardano Investor Investing in Cardano (ADA) – Everything You Need to Know

Since its launch in 2017, Cardano (ADA) has emerged as a significant player in the blockchain arena, offering a compelling alternative to the established Ethereum platform. Cardano sets itself apart from its competitors as an open-source, research-driven blockchain through its stated commitment to scientific philosophy and high-assurance development approach. Like most projects it competes with, Cardano is not just a cryptocurrency but a comprehensive ecosystem designed to enable complex, programmable value transfers in a secure and scalable manner.

How does Cardano (ADA) work?

Cardano (ADA) was built from the ground up to address perceived shortcomings in previous blockchain systems such as Ethereum and Bitcoin. To that end, it aims to provide a more balanced and sustainable ecosystem for cryptocurrencies and decentralized applications (DApps). To understand how Cardano works, it is necessary to look deeper into its unique multi-layered architecture, consensus mechanism, and the principles that guide its development.