Buy Cardano (ADA), it’s easy!

Why Buy Cardano (ADA)

You can buy Cardano if you’re a fan of its founder, Charles Hoskinson, who is also a co-founder of Ethereum. His endorsement is a mark of quality. The excellence of Cardano’s technical papers and the introduction of new concepts in blockchain technology are just a few examples of Cardano’s potential. Furthermore, its token, ADA, has witnessed such rapid growth that it has overtaken more established projects like Litecoin (LTC), Bitcoin Cash (BCH), and Dogecoin (DOGE).

During the 2021 bull run, its value soared from less than 10 cents to $3. However, this period also attracted criticism regarding the pace of decentralised application development. Recently, there has been a significant increase in activity within the Cardano ecosystem, leading to many exciting projects, a factor worth considering if you’re considering buying Cardano (ADA).

What is Cardano (ADA), and how did it start?

Cardano (ADA) is a third-generation cryptocurrency, and its Proof-of-Stake blockchain is built on peer-reviewed research, making it the first scientifically developed blockchain in the cryptocurrency market. It is named after Girolamo Cardano, a 16th-century mathematician and the first probability theorist. ADA, on the other hand, pays tribute to the renowned 19th-century English mathematician and writer Ada Lovelace, known for her work on the mechanical computer.

Another aspect to consider if you’re considering buying Cardano (ADA) is that Hoskinson’s vision was to create a decentralised, secure, and evolving platform from the outset. The Cardano Foundation, a non-profit entity managing the network, aims to promote using Cardano as a system “to build a better reality.” Thanks to its Proof of Stake protocol, it is considered a “green” cryptocurrency due to its lower energy requirement than traditional cryptocurrencies like Litecoin and Bitcoin.