
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…
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