
ADA
$0.351893
0.00001000 BTC
Marketcap
$10,890,689,145
Volume (24h)
$4,516,058,711
Circulating Supply
31,112,484,646 ADA
Total Supply
45,000,000,000 ADA
What is Cardano?
ADA is a crypto coin running on Cardano Settlement Layer (CSL) blockchain, the first and most secure blockchain based on Proof of stake mechanism validating the transactions. Cardano team calls their proof of stake mechanism Ouroboros. Unlike Proof of Work, where miners invest energy intensive computing power to mine each block, proof of stake chooses a random miner based on the size of the stake (value). In order to generate or mint a new block, a slot leader is chosen with a probability proportional to the amount of coins this node is carrying. So one of ADA’s advantages over Bitcoin, Ethereum and other similar cryptocurrencies is its energy-efficient proof of stake transaction validation system. ADA is flexible like Ethereum due to a second layer Cardano Computational Layer (CCL) which supports decentralized applications and smart contracts. ADA was initially created by Input Output Hong Kong (IOHK), a blockchain development firm. The project was led by Charles Hoskinson who was a former co-founder of Ethereum, Etereum classic and Bitshares. Presently the ADA team consist of three organizations i.e. Cardano foundation, IOHK, and Emurgo. The major use of Cardano is the transfer of value. Future development of applications on CCL layer can provide the easy and economical payment solution to service providers such as Uber, Upwork, and alike.
More Info
- Charts
- Historical Data
- Markets
- News
- Comments
- Zoom
- Hour
- Day
- Week
- Month
- Year
- All Time
- Type
- Line Chart
- Candlestick
* Currency in USD
Historical Price for Cardano
Date | Open | Close | High | Low | Volume |
---|
Cardano Markets
# | Source | Pair | Volume | Price | Change | Updated |
---|
- Peak fear? Bitcoin futures leverage gets reset by this week's wild price swingsCointelegraph.com News – 10 hours agoBitcoin futures leverage is dropping steeply, indicating that traders are fearful or uncertain about the BTC price trend. The leverage used in the Bitcoin (BTC)…
- Bitcoin has become nothing but the new Che Guevara T-shirtCointelegraph.com News – 12 hours agoBitcoin promised to create a new normal in finance, but it turned out to be nothing but the old normal with a new face. The…
- China turns up pace on CBDC release, tests infrastructure prior to adoptionCointelegraph.com News – 16 hours agoThe yuan is not seen as a major currency. Could digitizing it change that? China is breaking new ground in the Shenzhen region and beyond.…
- Bitcoin bulls buy BTC’s $35K support retest as altcoins push higherCointelegraph.com News – 23 hours agoBitcoin’s lower support retest was bought up by bulls, preparing BTC for another push to $40,000. Calls for Bitcoin (BTC) to rally above $40,000 were…
- GBTC has a new a competitor in the OTC Bitcoin trust marketCointelegraph.com News – 1 day agoAnother way to buy Bitcoin in stock form has surfaced. A firm called Osprey Funds is offering an over-the-counter, or OTC, Bitcoin (BTC) trust under…