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Cardano ADAUSD

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Overview

What is Cardano?

ADA/USD (Cardano to United States Dollar) Cardano is an open-source and decentralised public blockchain platform with proof-of-stake consensus. It can facilitate peer-to-peer transactions with its internal cryptocurrency, ADA. Cardano’s development began in 2015 and was led by Ethereum co-founder Charles Hoskinson. The project is overseen and supervised by the Cardano Foundation, which is based in Zug, Switzerland. When launched in 2017, it was the largest cryptocurrency to use a PoS blockchain, which is seen as a greener alternative to proof-of-work protocols.

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