What does Cardano do?

Cardano enables several different features on its platform: Currency: With a cryptocurrency wallet, you can send and receive Cardano or transfer it in exchange for goods and services.

What is the difference between Cardano and Ada?

The cryptocurrency is called Cardano, while the individual unit is called ada. Cardano was created by Charles Hoskinson, a co-founder of Ethereum, another popular cryptocurrency, and it runs on a decentralized public ledger using blockchain technology.

What is Cardano's native cryptocurrency?

Much like the Ethereum blockchain’s native cryptocurrency is ETH, the Cardano blockchain’s native cryptocurrency is ADA — which can be bought or sold via exchanges like Coinbase.

What is Cardano (Ada) cryptocurrency?

Hoskinson started developing Cardano in 2015, and it has many similarities with Ethereum. Both Cardano and Ethereum are programmable blockchains that other people can use to develop apps, and they both use smart contracts. 3. It can handle large numbers of transactions. Scalability has been a problem for the biggest cryptocurrencies.