Blockchain 3.0? What is Cardano (ADA)

Cardano is the third generation decentralized blockchain based system power of cryptocurrency. Cardano platform was launched in September 2017 after more than two years of development.

Cardano is built around peer reviewed papers. Cardano team asked for the advice of experts from around the world, read their papers, improved them and had them agree with the outcome. This is a very different way of working.

Cardano claims to be the third generation of cryptocurrencies. Cardano wants to solve the three big problems of cryptocurrency : scalability, interoperability and sustainability.

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Ada is the the native token of Cardano. It is named after Ada Lovelace: a 19th century mathematician who is recognized as the first computer programmer and is the daughter of the poet Lord Byron.

Ada is a digital currency. Any user, located anywhere in the world can use Ada as a secure exchange of value without requiring a third party to mediate the exchange. Every transaction is permanently, securely and transparently recorded on the Cardano blockchain.

Cardano Ada sometimes also known as Japanese Ethereum, as a significant numbers of its investors came from Japan and the company backing Cardano implementation- Emurgo, is also based in Japan.

Here are several ways to invest in Cardano Ada:

1. One of the favourite platforms to use for purchasing Cardano (ADA) is Crypto.Com. In this platform you can earn interest of a wide variety of coins, up to 12%, as well as apply for crypto debit card. This operates similar to a pre-paid Visa card, where you top up before use either with cash or crypto. We also have rewards up to $50 for new investors when using the above link to create a new account.

2. CoinBase is another platform to purchase Cardano (ADA) using credit card or even your Bank Account. You only need to follow the steps and link your Bank Account or Credit Card for purchasing your first cryptocurrency. Use this link and you can get AUD $13.84 in free Bitcoin when you buy or sell AUD 138.41 or more.

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