ADA Crypto: A Look at the Cardano Blockchain

SubhMantra Presents

Cardano Blockchain

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It is based on a more energy efficient mechanism known as the Proof-of-Stake (PoS) consensus mechanism.

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Key Features

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ADA, the native cryptocurrency of the Cardano blockchain, is used to power transactions and smart contracts.

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The total supply of ADA is limited at 45 billion, with over 34.5 billion currently in circulation.

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The focus on scientific philosophy and research-first approach makes ADA more observant in the crypto community.

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It is currently ranked as one of the top 10 cryptocurrencies by market capitalization. Today on January 22, 2023 its rank is 8th.

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It is worth noting that the Cardano project is still in its early stages and its currency is currently trading down 87% from its all-time high.

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Thanks for Watching

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SubhMantra Presents

ADA Crypto: A Closer Look at the Cardano Blockchain [2023]

By Arpi Sinha

Jan 22, 2023

Image Source: Unsplash

Cardano Blockchain

Cardano blockchain is an open-source and decentralized platform for building and deploying smart contracts and decentralized applications (dApps).

Image Source: Unsplash

It is based on a more energy efficient mechanism known as the Proof-of-Stake (PoS) consensus mechanism.

Image Source: Unsplash

Key Features

1. uses a multi-layer architecture for greater flexibility and scalability, 2. the ability to handle more complex smart contracts and dApps.

Image Source: Unsplash

ADA, the native cryptocurrency of the Cardano blockchain, is used to power transactions and smart contracts.

Image Source: Unsplash

The total supply of ADA is limited at 45 billion, with over 34.5 billion currently in circulation.

Image Source: Unsplash

The focus on scientific philosophy and research-first approach makes ADA more observant in the crypto community.

Image Source: Unsplash

It is currently ranked as one of the top 10 cryptocurrencies by market capitalization. Today on January 22, 2023 its rank is 8th.

Image Source: Unsplash

It is worth noting that the Cardano project is still in its early stages and its currency is currently trading down 87% from its all-time high.

Image Source: Unsplash

Thanks for Watching

All information is for educational purpose. For more information about stock market & Crypto, search on Google -

"SubhMantra"

Image Source: Unsplash