Cardano is a Turing-complete blockchain protocol that powers smart contracts and decentralized applications. Cardano leverages Plutus, a light-weight programming language derived from Haskell. Cardano relies on Ouroboros, a proof-of-stake consensus method conceived as replacement for energy-intensive proof-of-work methods. Governance on Cardano is carried out democratically through on-chain voting mechanisms. Cardano aims to balance principles of blockchain technology, including privacy and decentralization, with tools made available for users who are subject to regulatory compliance requirements.
At a technical level, Cardano is one of the cryptocurrencies that has performed better, just think that since the beginning of the year, this crypto has made 1900%! Now as we can see in the chart the price is inside a bullish channel where it is experiencing a further accumulation (Range area) before raising its value again, as it has told us. I hope you like this overview...
At a technical level, Cardano is one of the cryptocurrencies that has performed better, just think that since the beginning of the year, this crypto has made 1900%! Now as we can see in the chart the price is inside a bullish channel where it is experiencing a further accumulation (Range area) before raising its value again, as it has told us. I hope you like this overview...
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