What is Cardano and how does it work?

Cardano is a blockchain platform designed to process transactions using a dedicated cryptocurrency called ADA. The Cardano platform can handle all kinds of transactions, but the real goal is to become the “Internet of Blockchains,” creating an ecosystem that allows seamless interchangeability between different blockchains.

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.

What is Cardano (Ada)?

The Cardano platform can handle all kinds of transactions, but the real goal is to become the “Internet of Blockchains,” creating an ecosystem that allows seamless interchangeability between different blockchains. Let’s look at how Cardano (ADA) stacks up against the other major cryptocurrency players. What Is Cardano?

What is Cardano and how does it compare to Ethereum?

Like Ethereum, Cardano is a decentralized network built for programmable assets and decentralized applications (dApps). However, Cardano was specifically constructed to improve on Ethereum’s scalability, security, and cost, in addition to launching with a Proof-of-Stake (PoS) network from the onset.