ADA
Cardano
$0.0000AUD
Market Cap
53.4B AUD
24H Trade Vol.
1.6B AUD
Total Supply
35.8B
All
1W
1M
1Y
Basic chart
Advanced chart
Price Changes
24H:
+0.00%
7D:
0.00%
Instant
Buy Limit
Buy Stop
Buy Cardano
Purchase Amount
Switch to ADA
AUD
0.00000000 ADA
Get $10 in BTC
SIGN UP
*$10 will be deposited to all new users’ accounts in an equal amount of BTC, following the users’ completion of the sign-up process and the initial deposit on the platform. For detailed information regarding the use of the platform, please refer to our Terms and Conditions available at https://help.coinstash.com.au/en/article/website-terms-and-conditions-gmyd3n/.

Buy Cardano (ADA)

What is Cardano?

Cardano is a decentralised, third-generation Proof of Stake (PoS) blockchain platform. It aims to improve upon the flaws of earlier blockchains like Bitcoin and Ethereum by being more flexible, sustainable, and scalable. Cardano is designed to support smart contracts, enabling developers to create decentralised applications (dApps) that can securely interact with monetary exchanges.

How does Cardano work?

Cardano operates on a two-layer architecture: the Cardano Settlement Layer (CSL) and the Cardano Computational Layer (CCL). The CSL is responsible for accounting and transferring value, while the CCL handles smart contracts and decentralised applications. Cardano uses a unique consensus mechanism called Ouroboros, which is an energy-efficient PoS protocol that enhances security and scalability. Users can stake their ADA, Cardano's native cryptocurrency, to earn rewards while contributing to network security.

What are the potential use cases for Cardano?

Cardano's potential use cases span across various industries such as supply chain management, finance, education, real estate, and healthcare. Specific applications include decentralised identity verification, enhancing supply chain transparency, DeFi solutions for lending and borrowing, stablecoin deployment, and verifying educational credentials. Notable partnerships include collaborations with institutions and businesses in sectors like education, banking, healthcare, and supply chain management.

What is the history of Cardano?

Cardano was founded by Charles Hoskinson, one of the co-founders of Ethereum, in 2015. The platform was developed by IOHK (Input Output Hong Kong), focusing on providing a secure and scalable blockchain infrastructure. Cardano's journey includes significant milestones like the Shelley and Alonzo updates, enhancing decentralisation and smart contract functionalities. With its community-driven development approach, Cardano has grown to be one of the prominent blockchain platforms, continuously evolving through research-led techniques and peer-reviewed scientific methodologies.

Frequently Asked Questions (FAQs)