Cardano (ADA): what it is, how it works, prices and charts, current applications

Cardano is the platform on which ADA, a cryptocurrency that can be used to send and receive funds, was developed. It is a smart contract platform, with some characteristics similar to Ethereum (not by chance since its creator, Charles Hoskinson, is one of the co-founders of Ethereum), offering new levels of security and scalability thanks to a multi-layer architecture. It … Read more

Shelley: user rewards, decentralization for Cardano

Shelley of Cardano

Shelley of Cardano

  • Shelley introduces in Cardano a new consensus algorithm based on Proof of Participation (PoS).
  • ADA token owners will be able to earn rewards for block production.

Decentralization has come to Cardano from Shelley, one of its most anticipated forks of 2020.

After almost a month of delay, the community finally witnessed yesterday the launch of this latest update. It allowed the Cardano blockchain to leave behind its centralized network scheme, known as Byron, to begin charting a new, more decentralized path with Shelley.

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