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Cardano is a platform that aims, , to build a secure, fair and transparent society. It is designed to be a more efficient and sustainable alternative to other networks, such as Bitcoin and Ethereum.
Cardano also has the potential to support smart contracts, decentralized applications, digital identity, and governance. The or token of this blockchain is called ADA.
Cardano was founded in 2017 by Charles Hoskinson, who was also one of the co-founders of Ethereum. Hoskinson wanted to create a more scalable and interoperable blockchain platform that could address some of the limitations and challenges of existing networks.
Hoskinson also envisioned a platform that would be based on scientific research and peer-reviewed methods, rather than trial and error.
To achieve this vision, Hoskinson established IOHK, a technology company that develops Cardano and other blockchain projects.
He also partnered with Cardano Foundation, a non-profit organization that promotes and supports Cardano, and Emurgo, a venture capital firm that fosters the adoption of Cardano.
Together, these three entities form the core of the Cardano ecosystem.
Charles Hoskinson, the founder of Cardano, has a diverse range of interests beyond his involvement with Cardano. One of his intriguing ventures is investing in Colossal, a startup with an ambitious mission: , the Tasmanian Tiger and the dodo, among
In addition to his involvement with Cardano and Colossal, Hoskinson has other ventures, including raising bison and running a health clinic. His diverse portfolio reflects his eccentric and sometimes controversial personality.
Cardano is named after Gerolamo Cardano, a 16th century Italian polymath and mathematician. The ADA token is named after Ada Lovelace, a 19th-century English mathematician and computer programmer, who is considered to be the first person to write an algorithm for a machine.
To buy Cardano (ADA) on CoinJar:
Download the CoinJar app: Get the CoinJar app on iOS or Android.
Then, you can create an account. You have to sign up and then verify your ID.
Make a purchase: Buy ADA and multiple other cryptos using cash or credit / debit card.
CoinJar offers various payment methods. You can also convert crypto-to-crypto with a single click.
Cardano might be a good investment because it has a strong potential to grow in value and adoption.
Also, Cardano has a cutting-edge technology that sets it apart from other blockchain platforms, in terms of security, scalability, interoperability, and sustainability.
Cardano is a blockchain platform founded in 2017 by Charles Hoskinson, who also co-founded Ethereum. Unlike its predecessors, Cardano aims to be a third-generation blockchain — a smart contract platform that combines rigorous academic research with technological innovation.
Cardano is a proof-of-stake blockchain platform known for its focus on sustainability and scalability. ADA is the native cryptocurrency of the Cardano blockchain.
CoinJar is a well-established Australian cryptocurrency exchange with a user-friendly interface, making it easy for beginners to start buying crypto investments. It's also considered safe to buy Cardano on CoinJar due to its robust security measures.
After creating an account and completing the verification process, you can fund your account using fiat currency (AUD) through methods like bank transfer or Google Pay. Once your account is funded, you can purchase Cardano (ADA).
CoinJar charges competitive transaction fees, which may vary depending on the payment method and the size of your purchase. You can find detailed information about fees on the CoinJar website.
Yes, it's recommended to have a crypto wallet to securely store your Cardano (ADA) and other crypto assets. CoinJar provides a built-in wallet, but you can also choose to use an external wallet.
The market cap of Cardano fluctuates based on the price and circulating supply of ADA. You can check the current market cap on CoinJar or other cryptocurrency exchange platforms.
CoinJar is considered a reputable and safe cryptocurrency exchange. However, like all crypto investments, there are risks involved. Do your research and invest responsibly.
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