Cardano (ADA)

✅ Overview

Cardano is a blockchain platform based on academic research and scientific review, aimed at creating a decentralized ecosystem that supports smart contracts and decentralized applications (dApps). Cardano uses the ADA currency as the native token of the platform.

⚙️ Technical Features

Proof of Stake (PoS): Cardano uses the Ouroboros protocol, which is the first scientifically verified proof of stake protocol, providing security and energy efficiency.

Scientific Approach: Cardano is characterized by its research-based development and peer-reviewed updates, ensuring the quality and stability of updates.

Scalability and Interoperability: Cardano aims to achieve scalability and interoperability with other systems, making it suitable for various applications in fields such as education, finance, and identity management.

📈 Current Price

0.7675 USD

🔍 Quick Comparison

Metric IoTeX (IOTX) Cardano (ADA)

Main Goal Enable secure interaction between smart devices Create a decentralized ecosystem for smart contracts

Consensus Mechanism Roll-DPoS Ouroboros (Proof of Stake)

Focus Internet of Things and Artificial Intelligence Decentralized applications and governance

Current Price 0.0195 USD 0.7675 USD