Cryptocurrency Q&A
Is Cardano built on ETH?
Is Cardano built on ETH?
SsamziegangSerenade
Fri Nov 29 2024
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5 answers
924
I'm wondering if Cardano is built on the Ethereum platform. I've heard of both these cryptocurrencies, but I'm not sure about their relationship. Specifically, I want to know if Cardano is somehow based on or utilizes ETH.
5 answers
henry_harrison_philosopher
Sun Dec 01 2024
Cardano native assets share similarities with Ethereum tokens in terms of their functionality.
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Arianna
Sun Dec 01 2024
Both Ethereum and Cardano allow the creation and distribution of various tokens on their blockchains.
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CryptoGuru
Sun Dec 01 2024
These tokens can include non-fungible tokens (NFTs) or stablecoins like USD Coin, which are designed to maintain a stable value.
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Daniele
Sat Nov 30 2024
Cardano native tokens are also capable of interacting with smart contracts, similar to Ethereum-based tokens.
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Raffaele
Sat Nov 30 2024
However, there is a key difference between Ethereum-based tokens and Cardano native tokens. Cardano native tokens are not created via smart contracts.
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