Price for 1 ADA
Price includes 0.26% taker/maker fee. Depending on volume and trade type this fee might be lower.
Economic history has countless examples of ideas that were carried to their full potential by the second or third attempt at the concept. Sometimes the newcomer causes the initial leader to be all but forgotten like the internal combustion engine did to steam power. The leadership at Cardano seems to have a sense of this economic history.
Cardano is a blockchain environment. This means it is a public network available to anyone who wants to create a blockchain. ADA is the cryptocurrency that is used to pay the individuals who contribute to the Cardano environment by storing the blockchains and performing other functions. The success of one is clearly related to the success of the other.
If Cardano becomes a popular place for new blockchain developers, the demand for the ADA cryptocurrency will increase.
Cardano is a decentralised public blockchain and cryptocurrency project that is fully open source.
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS SITE. The author is not registered as an investment adviser either with the U.S.
Securities and Exchange Commission (the «SEC») or with the U.K.
Financial Conduct Authority (FCA).
The author is neither licensed nor qualified to provide investment advice. This guide is not and should not be interpreted as investment advice, a recommendation regarding a course of action or as an endorsement of cryptocurrency or any specific provider, service or offering.
It is not a recommendation to trade.
Cryptocurrencies are speculative and complex, and they involve significant risks—they are highly volatile and sensitive to secondary activity.
Cardano is both a cryptocurrency and a decentralized computing platform. Cardano features a unique consensus algorithm (called Ouroboros) that validates transactions without high energy costs.
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