What is Cardano and How to Buy
Cardano is a blockchain cryptocurrency founded to be an enabling force for positive change and progress globally.
Cardano is backed by a consortium of entities: IOHK, The Cardano Foundation, and Emurgo. IOHK is a Blockchain R&D company founded by Charles Hoskinson and Jeremy Wood. The Cardano Foundation is a non-profit focused on core design and development for Cardano. Emurgo is a blockchain tech company providing solutions for developers, startups, enterprises, and governments.
Cardano is an open-source, smart-contract platform created to provide layered design structure and multiple features. Its design will eventually allow for network delegation, sidechains, and light client data structures. Cardano uses a version of Proof-of-Stake (PoS) called Ouroboros to secure the network and manage the block’s production process. The Cardano network features a native token called ADA that gives staker’s an opportunity to claim issuance in proportion to their holdings and grants users to pay for transactions.
Cardano is a proof-of-stake Blockchain platform that states its goal is to allow “visionaries” to bring about positive global change. Cardano also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping create a more secure, transparent, and fair ecosystem.
Cardano is backed by a consortium of entities: IOHK, The Cardano Foundation, and Emurgo. IOHK is a Blockchain R&D company founded by Charles Hoskinson and Jeremy Wood. The Cardano Foundation is a non-profit focused on core design and development for Cardano. EMURGO is a blockchain tech company providing solutions for developers, startups, enterprises, and governments.
H2cryptO – Cardano is purchased easily through a centralized exchange, such as H2cryptO. H2cryptO offers a simple interface within our H2cryptO web/mobile app, and we offer exceptional 24/7/365 live support. Please remember that once a cryptocurrency is lost, it can be difficult to recover.
Cardano is energy-efficient, only using a fraction of the cost compared to other Blockchain networks. Cardano has a wide range of uses, including Finance, Healthcare, and the agricultural sector. All changes to Cardano are peer-reviewed, meaning every change is voted/approved through the Cardano foundation. It can also handle large numbers of transactions, which means the company will scale appropriately.
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