What is Cardano Coindesk?

We are an independent Swiss-based non-profit that oversees and supervises the advancement of Cardano . We are the legal custodians of the Cardano brand and we work with IOHK and EMURGO to ensure that Cardano is being developed and promoted as a secure, transparent, and accountable solution for positive global change.

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Is Cardano interoperable?

Cardano’s focus on scaling and interoperability grows As a result, assets can be transferred between the two blockchains through the bridge. Interoperability between Cardano, Solana and other L1 blockchains remains a future goal of other Milkomeda deployments.

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What phase is Cardano in?

The Cardano project is now entering the Basho phase . This phase sees both on and off-chain improvements to the Cardano ecosystem. The last major update saw smart-contract capability added to the blockchain via the Plutus scripting language. Sign Up, Deposit and, Trade to Win Up to 130,000 USDC!

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Is Cardano finite?

By November 2021, over 33 billion Cardano tokens were issued and in active circulation – getting closer to the coin’s maximum supply. Similar to Bitcoin but unlike Ethereum, the ADA token has a fixed supply limit with only 45 billion cryptocurrencies being able to ever exist in the coin’s lifetime .

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Is ADA Dependant on BTC?

As ADA is a cryptocurrency, it trades on an open market, meaning that depending on when you sell, buyers may offer more favorable prices. Remember, the value of your ADA will rise and fall against other cryptocurrencies (like BTC or LTC) as well as cash (like USD and EUR).

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