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Cardano current price is $0.3076.

Cardano current price is $0.3076 with a marketcap of $9.59 B. Its price is -4.91% down in last 24 hours.


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  • cardano
    Cardano (ADA)
  • Live Price
    $0.3076
  • 24h %
    -4.91%
  • Market Cap
    $9.59 B
  • Volume
    $2.53 B
  • Available Supply
    31.11 B ADA
  • Rank
    7

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★ More Info About Cardano

Cardano is a decentralised platform that will allow complex programmable transfers of value in a secure and scalable fashion. It is one of the first blockchains to be built in the highly secure Haskell programming language. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers. The Cardano project is different from other blockchain projects as it openly addresses the need for regulatory oversight whilst maintaining consumer privacy and protections through an innovative software architecture. The protocol 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 visionary treasury system. Technological Innovation Cardano is the first protocol to incorporate Ouroboros, the ground breaking proof of stake algorithm. The IOHK team employed a “first-principles” approach, driven by peer-reviewed academic research to build Cardano from the ground up. The result of this collaborative effort is the first cryptocurrency to be based in Haskell code, which focuses on industrial strength product that delivers the resilience necessary for mission-critical systems, in this case, securing investment. Cardano’s multi-layer protocol performs advanced functions, and has a settlement layer that is elegantly linked to a control layer. The settlement layer will have a unit of account, while the control layer will run smart contracts and will be programmed to recognize identity, assisting compliance (and allowing blacklisting, for instance). The protocol is geared towards protecting privacy rights of users, while also taking into account the needs of regulators. In doing so, Cardano is the first protocol to balance these requirements in a nuanced and effective way, pioneering a new approach for cryptocurrencies. The system is also designed to allow upgrade through soft forks, enabling it to adapt to changing needs and evolve quickly, when required. A treasury system is also being installed that will ensure the sustainability of the protocol. Cardano is built in the spirit of collaboration by being completely open source and patent-free. Engineered for efficiency and scalability, the Cardano ecosystem will develop into the most complete cryptocurrency ever constructed. Conceptual Innovation i. Privacy and regulation The original Bitcoin blockchain was meant to be a way for individuals to transact directly and anonymously with each other outside the control of banks and governments. This guarantees privacy in financial dealings, a fundamental individual right, but full anonymity can be counterproductive. Today most blockchain projects look to further either the aims of privacy or of regulation. To be effective globally, we think our blockchain must ‘square the circle’ by finding the right mix of individual privacy protection and provision for regulatory control. ii. Governance Public, decentralized blockchain projects rely on crowd-based governance models. This allows for democratic control of the network by its participants, which is essential to building truly decentralised economies. However, if they are not carefully designed, such governance can go awry. Both the Bitcoin and Ethereum communities have experienced devastating schisms on the question of how to upgrade their networks – in Ethereum's case already causing a split. The Cardano blockchain has an airtight governance model that allow the community to democratically take clear and binding decisions. iii. Funding The Cardano blockchain has sophisticated maintenance and development needs and is able to adequately fund itself, both in terms of running costs and new investment. The Token: ADA Voucher Every blockchain project has a token of value commonly referred to as a cryptocurrency. Ada is the cryptocurrency on the Cardano blockchain. With Ada, holders can send value between friends, pay for a good or service, deposit funds on an exchange, or enter an application. To perform a transfer on the settlement layer requires you own Ada, or acquire Ada through an exchange. It will also be the native token to be used in applications built on the computation layer. The Wallet: Daedalus Each cryptocurrency requires a “wallet” to store Ada. Typically this wallet is a software application that can be installed on any computer or smartphone. Daedalus is a highly-engineered wallet with advanced security features that was developed by IOHK specifically for the Cardano blockchain and protects your assets with the most advanced cryptography. In the future, Daedalus will not only support Ada, but other cryptocurrencies such as Bitcoin, Ethereum Classic and many more. The Cardano Foundation The Cardano Foundation’s core mission is to standardise, protect and promote the Cardano Protocol technology. The Cardano Foundation acts as a supervisory and educational body for Cardano. Our mission is to: 1. Standardise, protect and promote the Cardano Protocol and its applications 2. Be a community hub offering authoritative, timely information about the technology and Cardano’s wide-ranging potential 3. Liaise and influence government and regulatory bodies, form strategic partnerships with businesses, enterprises and other open source projects and aid the creation of formal software standards for Cardano, a crucial feature for its long term success and critical in adoption and government engagement Areas of Focus: 1. Cardano Protocol - We function as an objective standards body for the Cardano protocol as it evolves over time. 2. Cardano community - We support, grow and help educate the Cardano blockchain community. 3. Cardano ecosystem - We work to expand and protect the Cardano ecosystem. This includes promoting Cardano as a platform for commercial entities and serving as an objective organization for enterprises interested in joining Cardano. 4. Serving the wider blockchain community - We aim to influence and progress the emerging commercial and legislative landscape for blockchain technology and cryptocurrencies in general. We proactively approach government and regulatory bodies and form strategic partnerships with businesses, enterprises and other open-source projects. IOHK Founded in 2015 by Charles Hoskinson and Jeremy Wood, IOHK is a world-class engineering and technology company committed to using peer-to-peer innovations to provide financial services to three billion people that don’t have them. The group is contracted to design, build, and maintain Cardano through to 2020. Emurgo Emurgo is the venture building entity in the Cardano ecosystem, its goal is to aid, integrate, and foster Cardano blockchain applications. Emurgo captures the transformative power that blockchain technology brings to the developing world. Decentralized applications built on Cardano technology, funded and supported by Emurgo, will have the potential to build groundbreaking applications. Project Road Map IOHK has now released the settlement layer. This means you can transact, trade, and purchase Ada tokens fully independently of the computation layer. The goal for the computation layer is to have a beta released by the first quarter of 2018. Once both settlement and computation layers are live, users will be able to setup a custom environment to build decentralised applications on the Cardano stack. In 2019, IOHK intends to work on Cardano’s long-term scalability and augment its capabilities. As developers, IOHK has been contracted through 2020 to make sure Cardano is being adequately maintained. The goal is to create a sustainable ecosystem that is capable of funding and supporting itself.

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Thanks to the #CardanoCommunity for being so engaged and active! We are proud to have the highest #blockchain commits on @github. This week's Factoid Friday is dedicated to you!

💡Proposal submission is now open for #ProjectCatalyst Fund3💡

Got an idea that will enhance the #Cardano ecosystem? Let the Catalyst community know!

Learn how to participate & submit your proposal for funding in this round ⬇️ & watch the full video: https://bit.ly/38HztSQ

With the rollout of #Goguen, #Cardano is evolving into a full-featured smart contract platform. Transaction metadata is deployed already, bringing early utility and use cases.

Join us & @CardanoStiftung this Monday to find out how to get building

https://www.crowdcast.io/e/metadata

Governance is a key component within #blockchain. Read our latest blog on how #Cardano is working to deliver fair governance with #decentralization: http://bit.ly/2XDkdQo

Join the first Chicago #Cardano Meet Up of the year - Jan 13, 7 PM EST. The virtual session will discuss #Goguen and more. https://bit.ly/3b98dhI

ICYMI: can #blockchain deliver on #digitalidentity for all? Read https://bit.ly/2JJLb5w. #Cardano community spotlight: https://bit.ly/2JJLb5w. Check out the latest #stakepool re-delegation https://bit.ly/3hTpPiX help contribute to Stake Pool School: https://bit.ly/39hBLXE

This week's Factoid Friday is on #Ouroboros. Academia is critical to how #Cardano is built and we are proud to have so many citations.

With over 1.7B people globally lacking access to #banking infrastructure - #blockchain can help increase financial inclusion. Read our latest blog post on how #Cardano can fast track financial access in emerging economies https://bit.ly/2JJLb5w

NEW YEAR'S DAEDALUS: Fresh today, Daedalus 3.1.0 delivers support for the upcoming ‘Cardano app for Ledger’ device functionality, required for ongoing use of #Daedalus with @Ledger hardware wallets @Cardano #ADA 1/3

We have a lot to look forward to for 2021 - but let's take a second to review all that we did in 2020. Check out our recap (video & post) to see what #Cardano and #CardanoFoundation achieved over the past year. https://bit.ly/2J7vp4k

Welcome to 2021! We'd like to start the new year with a reminder to watch out for scams and fraudulent accounts. #Cardano, @InputOutputHK nor #CardanoFoundation will ever offer giveaways or ask for #ada. Learn more: https://bit.ly/38d03mE

We have all had quite the year. While many may be excited to see an end to the year, we are excited for the opportunities 2021 brings. We at the #CardanoFoundation are wishing you the very best for the new year. Let's conquer the New Year with #Cardano https://bit.ly/2KS4aLG

Many of us are ready to forget 2020 - but #Cardano and the #CardanoFoundation have achieved a lot. Here's our recap of some of the biggest highlights of 2020: https://bit.ly/2J7vp4k. What's your most important milestone? And who's as excited as we are for 2021???

Our Factoid Friday this week relates to Santa and the authentication of his gifts.... what #DApp would you build to ensure accurate delivery of all his gifts? Happy Holidays #CardanoCommunity !

From everyone at the #CardanoFoundation - we wish you, our #CardanoCommunity, and your loved ones a very happy and healthy holiday. https://bit.ly/37HOtPY

Let's take a look back at 2020 and everything #Cardano, #CardanoFoundation and the #CardanoCommunity have achieved. It's been a big year for all of us - see all of the highlights in our video and Forum post: https://bit.ly/2J7vp4k - how has Cardano impacted your year?

A lot's happened with #blockchain in 2020, and that's equally true for #Cardano. ICYMI, check out some of our recent news: the KEVM Devnet demo https://bit.ly/3apWFGy; a guide to #Haskell https://bit.ly/2JWXv2H and the Cardano brand video: https://bit.ly/3lT0WEm

NEW VIDEO: Our brand new KEVM devnet has been specially created to welcome #Solidity developer talent to the burgeoning #Cardano ecosystem. Here’s our own David with the skinny... #Ethereum #Smartcontracts @cardano

https://youtu.be/fGGV4fzV2Z8

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