What is the price of ADA cryptocurrency (ADA currency Baidu Baike)
What is the price of ADA cryptocurrency? ADA is a decentralized application pla
What is the price of ADA cryptocurrency? ADA is a decentralized application platform. It uses blockchain technology to protect internet data from malicious activities and phishing scams.
It introduced the concept of “cryptocurrency” in Bitcoin, which is considered one of the underlying protocols of the crypto world. According to its white paper, “Cardano (ADA) is a scalable and censorship-resistant network infrastructure for users.” With the official launch and rollout of the mainnet, ADA will become an independent blockchain ecosystem that allows developers to build and maintain decentralized DApps and application services. (U.Today)
ADA currency Baidu Baike
ADA currency is the most well-known cryptocurrency in the blockchain field, with a total supply of 100 million. Baidu Baike overview: ADA is a decentrali**ed virtual machine protocol implemented using smart contracts. It allows users to trade without going through an exchange; at the same time, holders can also earn token rewards through governance participation.
Introduction: ADA adopts the PoW (Proof of Work) mechanism and DPoS consensus algorithm. ADA was initially launched and founded by Gavin Wood, a core developer of Bitcoin, in 2016. Since the mainnet went live in May 2019, it has successfully conducted network tests and is currently in the beta testing phase, with plans to distribute on a scale of 10 to 100 times in the future. (Data source: coinmarketcap.com).
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