What problems does Cardano solve?

Specifically, Cardano aims to solve problems related to scalability, interoperability, and sustainability on cryptocurrency platforms. The first problem refers to the slowing down of networks and high fees due to increase in transaction volumes. (See also: Will High Transaction Fees Bring Down Bitcoin’s Price?)

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What blockchain does Cardano use?

Cardano works on a specially designed proof-of-stake (PoS) blockchain protocol for consensus called Ouroboros . This consensus mechanism allows for ADA to be sent and received easily and securely at all times, while also ensuring the safety of smart contracts on the Cardano blockchain.

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What runs on Cardano?

Cardano runs on the proof-of-stake Ouroboros consensus protocol and developments are informed by scholarly academic research. The primary cryptocurrency of Cardano is called “ada.” Cardano oversight is decentralized and shared by The Cardano Foundation, IOHK, and EMURGO.

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How do I get my Cardano wallet address?

By clicking the receive button in your wallet you are able to see your Cardano wallet address , which we will ask you to enter in the flow to buy Cardano. By clicking the ‘send’ button in your Cardano wallet you are able to enter the Anycoin Direct Cardano wallet address, which is a required for you to sell Cardano.

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Which wallet is best for Cardano?

Best Cardano Wallet CompanyType of walletMobile AppBinanceSoftwareiOS and AndroidCoinbaseSoftwareAndroid, iOSLedger NanoHardwareWindows (7+), Mac (10.8+), and Linux.KrakenSoftwareiOS and Android.10 BEST Cardano Wallet: Store ADA in Windows, Mobile, Online – Guru99 www.guru99.com › best-cardano-wallets

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