Cardano  

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Cardano ()

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  • It has a market capitalization of more than $80 billion.
  • It provides higher transaction speed.
  • It has a maximum supply of 45 billion ADA.
  • In the past 2 years, it has provided a return of more than 2300%.

Charles Hoskinson launched Cardano. He started devising this currency in 2015, finally launching in 2017, raising a total of $62.2 million as ICO (Initial Coin Offering).

Cardano is a Gen 3 platform that implements the PoS (Proof of Stake) as an alternative to outcast the rival cryptocurrencies that work on the PoW (Proof of Work) principles. It provides a better rate of transaction than the competitor Bitcoin and Ethereum. It has a massive return of investment(ROI) from the initial investments in recent years.

  • Cardano aims to be a DApp(Decentralized Application) that makes transactions smarter, more trusted, and user-friendly.
  • Anyone can see through its code since it is an open-source platform.
  • It runs on the Ouroboros consensus platform.

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