Cardano (ADA)

Created by Ethereum co-founder Charles Hoskinson Cardano (ADA) was founded in 2015 and released in 2017. Cardano uses a proof-of-stake solution and it’s supporters highlight it base of scientific and mathematical expertise. The cryptocurrency has a fixed supply of 45 billion with just under 26 billion being sold in it’s initial ICO which raised $62 million. Cardano has three major stakeholders behind the cryptocurrency, these include, the Cardano Foundation, IOHK (founded by Charles Hoskinson) as well as Embargo. Both Cardano and Ethereum have similar aspirations in what they are attempting to achieve.

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