Cardano was one of the most promising cryptocurrencies for a long time. Especially in the late summer of 2021, the price of Cardano’s native token, ADA, rose massively. But in the context of the big Bitcoin crash, the ADA Token was hit particularly hard. The token has fallen nearly 60 percent from its all-time high. Is Cardano at the end? In this article, I will be sharing with you everything you need to know about Cardano in 2021.
What Is Cardano?
Initially founded in 2015 by Ethereum co-founder Charles Hoskinson and released in 2017, Cardano is a third-generation open source, fully decentralized “blockchain platform”. The platform aims to deploy its own Smart Contracts as well as decentralized applications (DApps). Cardano is a research-driven platform, developed by a team of scientists, researchers, and engineers, all experts in the field of cryptography.
Cardano is a blockchain made up of three partners, playing key roles in its ecosystem:...