Cardano

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What is Cardano?

Cardano (ADA) is a crypto asset and blockchain platform launched in 2017. As a platform, Cardano’s goal is to be as environmentally sustainable as possible by using a proof-of-stake (PoS) system, which requires less processing power than the alternative proof-of-work models. Like Bitcoin, transactions are settled on Cardano’s first layer, and smart contracts are executed on Cardano’s second layer, which is similar to Ethereum. ADA is Cardano’s native token; it’s used both to pay transaction fees and to allow users to participate in Cardano’s PoS.
Disclaimer: Prices displayed are for informational purposes only. Actual price quotes may differ.

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Cardano News

NewsBTC 2d
Cardano In Danger Zone? Trader Drops ‘Time Bomb’ Claim

Cardano’s short sellers are taking a beating. Over the past 24 hours, over $500,000 worth of short positions were liquidated as ADA hovered near $0.25 — a price...

Cardano In Danger Zone? Trader Drops ‘Time Bomb’ Claim

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