{"id":10290,"date":"2023-02-25T18:19:15","date_gmt":"2023-02-25T18:19:15","guid":{"rendered":"https:\/\/www.bitnovo.com\/blog\/?p=10290"},"modified":"2022-05-17T04:05:14","modified_gmt":"2022-05-17T04:05:14","slug":"all-about-cardano-ada","status":"publish","type":"post","link":"https:\/\/www.bitnovo.com\/blog\/en\/all-about-cardano-ada","title":{"rendered":"All about Cardano (ADA)"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Alternar tabla de contenidos\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/all-about-cardano-ada\/#history_of_cardano\" >History of Cardano<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/all-about-cardano-ada\/#how_does_cardan_work\" >How does Cardan work?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/all-about-cardano-ada\/#price_of_ada\" >Price of ADA<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/all-about-cardano-ada\/#where_to_buy_ada\" >Where to buy ADA?<\/a><\/li><\/ul><\/nav><\/div>\n<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 3<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span><p>Cardan is a\u00a0<strong>blockchain platform<\/strong>\u00a0of\u00a0<strong>open source transactions<\/strong>\u00a0which aims to solve the current problems of the cryptographic world. Cardano is a very innovative project for its scientific approach and its academic research thus ensuring a unique development model in the cryptographic ecosystem.<\/p>\n<p>TThis platform aims to achieve a high volume of transactions with a guarantee of security thanks to\u00a0<strong>encryption<\/strong>. In the future, Cardano will enable the development of decentralised applications such as\u00a0<b>dApps<\/b>\u00a0AND\u00a0<strong>smart contracts<\/strong>\u00a0allowing their use by individuals, governments around the world and even their companies.<\/p>\n<p>To know what Cardano is, it should be clarified that the project consists of three organizations:<\/p>\n<ul>\n<li><strong>The Cardano Foundation. It is an independent body based in Switzerland. Helps the user community and mediates with regulators<\/strong>.<\/li>\n<\/ul>\n<ul>\n<li><b>Emurgo. It is a Japanese investment organization, oriented to invest and support new companies interested in being part of the Cardano Blockchain network<\/b>.<\/li>\n<\/ul>\n<ul>\n<li><b>IOHK.\u00a0<\/b>It is considered a leader in the development of cryptocurrencies and focuses on the development of the Cardano platform.<\/li>\n<\/ul>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"history_of_cardano\"><\/span><b>History of Cardano<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Cardano was founded\u00a0<strong>in 2015<\/strong>, being the first blockchain project based on a\u00a0<strong>scientific philosophy<\/strong>. It was founded by\u00a0<strong>Charles Hoskinson<\/strong>, co-founder of the Ethereum network and CEO of IOHK, the company that created the blockchain in Cardano. Moreover, Hoskinson is also a\u00a0<strong>mathematician<\/strong>\u00a0and in 2020, his tech firm donated $ 500,000 worth of ADA to the University of Wyoming\u2019s Blockchain Research and Development Laboratory.<\/p>\n<p>Cardano\u2019s creation stands out, as a team worked on it\u00a0<strong>with the most important engineers and academics<\/strong>\u00a0of the Blockchain community.<\/p>\n<p>The main objective of the project is to ensure a<strong>\u00a0secure, flexible and scalable technology<\/strong>. The main idea is to support millions of users worldwide being possible thanks to the large number of experts who worked on the creation of the project.<\/p>\n<p>Cardano entered the market in\u00a0<b>October 2017\u00a0<\/b>with a remarkable success, since the first day of listing has managed to position among the<b>\u00a020 cryptocurrencies with more market capitalization.<\/b><\/p>\n<div id=\"image_1916539504\" class=\"img has-hover x md-x lg-x y md-y lg-y\">\n<div class=\"img-inner dark\"><img fetchpriority=\"high\" decoding=\"async\" class=\"attachment-large size-large lazyloaded\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/202011-fila-20-que-es-cardano-02.jpg\" sizes=\"(max-width: 768px) 100vw, 768px\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/202011-fila-20-que-es-cardano-02.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/202011-fila-20-que-es-cardano-02-300x205.jpg 300w\" alt=\"que es cardano Bitnovo\" width=\"768\" height=\"526\" data-srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/202011-fila-20-que-es-cardano-02.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/202011-fila-20-que-es-cardano-02-300x205.jpg 300w\" data-src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/202011-fila-20-que-es-cardano-02.jpg\" data-sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n<\/div>\n<p>Charles Hoskinson, creator of Cardano.<\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"how_does_cardan_work\"><\/span><b>How does Cardan work?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Cardan works with the cryptocurrency ADA. With this cryptocurrency you can receive and send money on several<strong>\u00a0digital funds<\/strong>. ADA solves problems such as speed and security of transactions.<\/p>\n<p>ADA employs in its consent algorithm Proof of Stake (Pos) through a new\u00a0<strong>algorithm called Ouroboros<\/strong>. Thanks to this algorithm it is possible to create the cryptocurrency ADA.<\/p>\n<p>The algorithm Ouroboros\u00a0<strong>eliminates the need to use a Proof Work algorithm<\/strong>\u00a0which would involve an excessive expenditure of computational power.<\/p>\n<p><strong>Cardan develops in two layers with a separation<\/strong>, where smart contracts become more flexible and versatile. This separation is also used by companies to adapt the design and privacy of their smart contracts case by case.<\/p>\n<ul>\n<li><strong>The first layer\u00a0<\/strong>of Cardano is CSL, in charge of acting as\u00a0<strong>ledger<\/strong>. This layer is the cryptocurrency created by Ouroboros.<\/li>\n<li><strong>The second layer<\/strong>\u00a0of Cardano is CCL. This\u00a0<strong>contains all information about<\/strong>\u00a0transactions made on the platform.<\/li>\n<\/ul>\n<p><b>Cardano uses the Haskell programming language. This program helps to ensure precise investments and to write a safer and more reliable code.<\/b><\/p>\n<div id=\"image_1236019307\" class=\"img has-hover x md-x lg-x y md-y lg-y\">\n<div class=\"img-inner dark\"><img decoding=\"async\" class=\"attachment-large size-large lazyloaded\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/202011-fila-20-que-es-cardano-03.jpg\" sizes=\"(max-width: 768px) 100vw, 768px\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/202011-fila-20-que-es-cardano-03.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/202011-fila-20-que-es-cardano-03-300x205.jpg 300w\" alt=\"que es cardano Bitnovo\" width=\"768\" height=\"526\" data-srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/202011-fila-20-que-es-cardano-03.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/202011-fila-20-que-es-cardano-03-300x205.jpg 300w\" data-src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/202011-fila-20-que-es-cardano-03.jpg\" data-sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n<\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"price_of_ada\"><\/span><b>Price of ADA<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Cardano\u2019s price has gone up and down over time like most cryptocurrencies. In January 2018, ADA\u2019s price reached its\u00a0<strong>all-time high reaching $ 1.33 USD per unit<\/strong>.<\/p>\n<p>The evolution of ADA seemed to be unfavourable and in March 2020 it fell to $0.02 USD per unit.<\/p>\n<p>In December 2020, we can say that the price of Cardano has evolved well, showing good volumes and with a promising future.<\/p>\n<p>Of the $ 0.02 USD in March, we moved to a Cardano price of around $ 0.15 USD. This positions ADA<b>\u00a0in the top 10 crypto rankings\u00a0<\/b>in terms of market capitalisation.<\/p>\n<p>Without a doubt this is good news for Cardano, which reflects a community that works (and a lot) thinking about the future of the crypto world.<\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"where_to_buy_ada\"><\/span><b>Where to buy ADA?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If you don\u2019t care how to mine Cardano and you just want me to tell you where to buy Cardano I\u2019ll be clear:<\/p>\n<p>The reality is that there are several sites where you can\u00a0<a href=\"https:\/\/www.bitnovo.com\/buy-cardano-online-en\">buy Cardano<\/a>, but\u00a0<strong>Bitnovo offers advantages over the rest<\/strong>.<\/p>\n<p><strong>Why?<\/strong><\/p>\n<p>\u2013 We have a platform designed exclusively to allow any customer to purchase cryptocurrencies. This makes the purchase of Cardano on Bitnovo a really easy, fast, and unprecedented process.<\/p>\n<p>\u2013 We offer very good prices to buy and sell Cardano, and low commissions compared to most exchanges.<\/p>\n<p>\u2013 You can purchase Cardano in Spain, Italy, Portugal or France without providing personal information via our vouchers that can be paid in cash.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 3<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span>Cardan is a\u00a0blockchain platform\u00a0of\u00a0open source transactions\u00a0which aims to solve the current problems of the cryptographic world. Cardano is a very innovative project for its scientific approach and its academic research thus ensuring a unique development model in the cryptographic ecosystem. TThis platform aims to achieve a high volume of transactions with a guarantee of security [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":7076,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10290","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-criptomonedas"],"_links":{"self":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/10290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/comments?post=10290"}],"version-history":[{"count":0,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/10290\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media\/7076"}],"wp:attachment":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media?parent=10290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/categories?post=10290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/tags?post=10290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}