Terry cOx

Cardano is one of the biggest cryptocurrencies by market cap. It’s designed to be a next-gen evolution of the

Ethereum idea — with a blockchain that’s a flexible, sustainable, and scalable platform for running smart

contracts, which will allow the development of a wide range of decentralized finance apps, new crypto tokens, games, and more. 

As of March 2021, however, smart-contract functionality has yet to be rolled out by developers. An upgrade

scheduled for the second quarter of 2021 will unlock smart-contract features, bringing Cardano one step closer

to its goal of providing developers with a blockchain platform that is robust, secure, scalable, and highly energy-efficient. 

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. Today, ADA can be used to

store value (perhaps as part of your investment portfolio), to send and receive payments, and for staking and paying transaction fees on the Cardano network.

Last update on December 7, 11:18 am by Terry cOx.
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