Is Cardano based on Ethereum?

Cardano has positioned itself as an alternative to Ethereum . Both platforms are used for similar applications, such as smart contracts, and have goals of building a connected and decentralized system. The heart of any blockchain platform is the algorithm it uses to create blocks and validate transactions.

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How many ADA are owned?

Data presented by Finbold shows that as of December 13 2021, the top 10% of Cardano whales hold over 31 billion ADA out of the 33.43 billion circulating coins, according to the data extracted from the on-chain analysis platform Coin Metrics.

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