S&P 500 7,431.46 ▲ 0.5%Dow Jones 51,202.26 ▲ 0.7%Nasdaq 25,888.84 ▲ 0.31%BTC $63,454 ▲ 1.1%ETH $1,672 ▲ 1.0%EUR/USD 1.1567Inflation 4.2% YoYLive market data
What is Cardano?
Cardano is a blockchain founded by Ethereum cofounder Charles Hoskinson and launched in 2017. It is known for its slow, research driven approach, with major upgrades reviewed in academic style papers before they ship. The network uses proof of stake, so holders of its ADA token can delegate coins to help secure the chain and earn rewards. Cardano supports smart contracts and has pursued real world projects in places like Ethiopia, where it has worked on digital identity for students. Fans praise its rigor. Critics say development moves too slowly.
Crypto is volatile. Prices on this page can move 10 percent or more in a single day, and entire projects can fail outright. Nothing here is a recommendation to buy or sell any digital asset. Only invest money you can truly afford to lose.
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