MEXC Exchange Research: Cardano (ADA), The Public Chain for Smart Contract will be Launched Soon

Cardano (ADA)

Cardano, similar to Ethereum, is a smart contract platform committed to becoming a new generation of lower-level basic public chains that are more convenient, faster and smarter, and completely open-source. The founder, Charles Hoskinson was also one of the co-founders of Ethereum. At present, the development progress of Cardano is a smart contract platform, which is called the first blockchain project “driven by scientific philosophy and research”, and its development team is composed of a large number of expert engineers and researchers from around the world. Cardano adopts PoS consensus mechanism that does not require mining and an Ouroboros consensus algorithm.

Tokenomics

Token: ADA (ADA is named after Augusta Ada King-Noel: A mathematician in the 19th Century, who was recognized at the first computer programmer and the daughter of a poet named Byron)

Practical Analysis

Practical Value

Partial Ecosystem Projects

IDO Platform