|Price change, 1h||0.24%|
|Price change, 24h||-2.00%|
|Price change, 7d||-1.27%|
|ADA current price||$0.31|
|ADA Market cap||$10 701 348 685|
|Available supply||34 459 270 352 ADA|
|Volume, 24h||$200 703 946|
Formerly known as Antshares, NEO is a recent iteration on Ethereum's smart contracts. NEO uses a unique blockchain algorithm that improves upon Ethereum's model. While the basics still apply, it also supports decentralized commerce, identification and digitization of several assets. NEO also closes loopholes that have caused some Ether contracts to be vulnerable to hackers.
In 2017 Charles Hoskinson, one of the first Ethereum developers, and his IOHK company launched the Cardano project. Cardano is a platform for smart contracts which main difference from existing systems is the division of the computational layers into a basic one for handling ADA tokens and a layer for placing smart contracts.
Cardano uses a new PoS algorithm called Ouroboros, which determines how individual nodes reach a consensus on the network. This algorithm is also a critical part of the infrastructure that supports Ada's crypto currency and is a major innovation in blockchain technology.
Cardano (ADA) is a decentralized platform that will allow complex programmable transfers of value in a secure and scalable fashion. It is reportedly the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach, and one of the first to be built in the Haskell programming language. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed.
The development team consists of a large global collective of expert engineers and researchers. The protocol reportedly features a layered blockchain software stack that is flexible, scalable, and is being developed with the most rigorous academic and commercial software standards in the industry. Cardano will use a democratic governance system that allows the project to evolve over time, and fund itself sustainably through a treasury system.
* Forex Rating accepts no liability for any errors in the Cardano Price or ADA Information. For the most recent information please visit the Cardano official site.
|9||Elland Road Capital|
Many news segments and their buzzwords dominated 2022: inflation, war, energy and currency crises, the FTX meltdown, and one bitcoin now being priced less than the cost of mining one...
7 Dec 2022
Bitcoin once again failed to get on the upside track, and its exchange rate fell to $17K, around which it has been languishing since the beginning of the month...
6 Dec 2022
Bitcoin attempted to climb out of the hole during the week, adding 6.5% to 17250 on Monday morning. Ethereum add 10%, to $1290. Other leading altcoins in the top 10 changed...
5 Dec 2022
Bitcoin has grabbed the attention of the world over the last decade, as it could represent a new form of decentralized money. The ability to have a trustless payment system...
1 Dec 2022
Bitcoin has gained 2.5% in the last 24 hours to $16.9K and has already tried to break above $17K. The price has been moving near the upper end of its range for the past three weeks...
30 Nov 2022
Bitcoin declined on Monday along with stock indices, testing six-day lows near $16K, following a decline in demand for risky assets due to unrest in China. Near this round level...
29 Nov 2022
© 2006-2022 Forex-Ratings.com
The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.