For many years, cryptocurrencies have attracted attention and continue to develop and improve every day. One of the most promising projects to date is Cardano (ADA). This cryptocurrency is based on a new approach to blockchain development, which allows for greater scalability and security.
Cardano was created in 2015 by a group of scientists and entrepreneurs, including Ethereum founder Charles Hoskinson. The project was named after the Italian mathematician Girardo Cardano, who made a significant contribution to mathematics and science in general.
The main feature is its unique architecture, which is based on two layers: the calculation layer and the control layer. The calculation layer, called the Computation Layer, is responsible for executing smart contracts and transactions. The control layer, called the Control Layer, is responsible for making decisions on changing blockchain protocols and ensures network security.
Cardano is also known for its Haskell programming language, which is one of the safest programming languages in the world due to its formal verification and strict typing approach.
In addition, ADA is an environmentally friendly cryptocurrency, as it uses a Proof of Stake (PoS) algorithm that consumes much less energy than Proof of Work (PoW) algorithms used, for example, in Bitcoin.
Today Cardano is one of the fastest growing and promising projects in the world of cryptocurrencies. Its capitalization exceeds $ 30 billion dollars, and its price continues to grow. The Cardano cryptocurrency (ADA) is one of those worth paying attention to in the future.