Posted by : Brij Bhushan Wednesday, 22 January 2020


There’s more to cryptocurrency and blockchain than Bitcoin and Ethereum. There are many other competing coins and blockchain platforms, one of which is Cardano. Cardano is an open-source blockchain and smart contracts platform, which is fueled by its namesake cryptocurrency, Cardano also abbreviated to (ADA). [Read: Shorting Ethereum before Q4 2019 would’ve been a good idea — here’s why] Unlike Bitcoin‘s blockchain, Cardano uses a proof-of-stake algorithm to approve transactions and processes on its blockchain. Cardano was set up by one of Ethereum‘s co-founders Charles Hoskinson. Cardano is unique in the blockchain community, in that it has some credentials in…

This story continues at The Next Web

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