What is Cardano and how does it work?

Cardano is one of the biggest cryptocurrencies by market cap. It’s designed to be a flexible, sustainable, and scalable blockchain platform for running smart contracts — which will allow the development of a wide range of decentralized finance apps, new crypto tokens, games, and more. Cardano is one of the biggest cryptocurrencies by market cap.

What is Cardano and Ouroboros?

Cardano brings a new standard in technology – open and inclusive – to challenge the old and activate a new age of sustainable, globally-distributed innovation. Ouroboros is the first peer-reviewed, verifiably secure blockchain protocol, and Cardano is the first blockchain to implement it.

What is Cardano Ada?

"Ada" is Cardano's digital currency and is named after Augusta Ada Lovelace, a 19th-century countess and English mathematician recognized as the first computer programmer. 3 What is Cardano Staking? In Cardano’s PoS system, staking determines a node’s capability to open blocks on the blockchain.

What is Cardano's native cryptocurrency?

Much like the Ethereum blockchain’s native cryptocurrency is ETH, the Cardano blockchain’s native cryptocurrency is ADA — which can be bought or sold via exchanges like Coinbase.