Despite the hype surrounding the Blockchain, cryptocurrencies, and NFTs, it cannot be easy to see the technology's real value. A crypto coin or NFT's intrinsic value is difficult to discern. Its market capitalization and value influence its prices as a speculative instrument.
Cryptocurrencies have seen lot of rise and popularity in the last few years and huge number of people is now investing into it to get more profits. Everyone wants to be rich and earn some extra money. And, investing in crypto currencies is easy way of getting extra chunk of money.
Cardano was established in 2015 by Ethereum co-founder Charles Hoskinson and was finally launched in 2017. The project is supervised by the Cardano Foundation based in Zug, Switzerland. Cardano is named after Italian polymath Gerolamo Cardano.
The need to give clarity to every detail is very vital when it comes to understanding what Cardano is. Cardano is a public blockchain platform that makes use of proof of stake protocols instead of the computational proof of work schemes to validate transactions and carry out a computational analysis.