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  • cardano
    ADA$0.518
  • NamePrice
    bitcoin
    Bitcoin (BTC)
    $21,437.00
    ethereum
    Ethereum (ETH)
    $1,245.36
    tether
    Tether (USDT)
    $1.00
    usd-coin
    USD Coin (USDC)
    $1.00
    binancecoin
    BNB (BNB)
    $239.73
    ripple
    XRP (XRP)
    $0.366
    cardano
    Cardano (ADA)
    $0.518
    binance-usd
    Binance USD (BUSD)
    $1.00
    solana
    Solana (SOL)
    $40.96
    dogecoin
    Dogecoin (DOGE)
    $0.072

    ADA Settlement

    ADA is a crypto coin running on Cardano ( $0.52 ) Settlement Layer (CSL) blockchain, the first and most secure blockchain based on Proof of stake mechanism validating the transactions. Cardano ( $0.52 ) 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 ( $21,447.00 ) , Ethereum ( $1,245.48 ) and other similar cryptocurrencies is its energy-efficient proof of stake transaction validation system. ADA is flexible like Ethereum ( $1,245.48 ) due to a second layer Cardano ( $0.52 ) 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 ( $1,245.48 ) , Etereum classic and Bitshares. Presently the ADA team consist of three organizations i.e. Cardano ( $0.52 ) foundation, IOHK, and Emurgo.

    The major use of Cardano ( $0.52 ) 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.

    Buy and Sell Dogecoin ( $0.071 ) (DOGE)