💻Cardano - ADA - cryptocurrency (Why it will grow)

in #cryptocurrency6 years ago (edited)

Cardano is base to the Ada cryptocurrency, which can be used to send and receive digital funds.

Cardano is a technological platform that is capable of running financial applications currently used every day by individuals, organisations and governments all around the world. The platform is built in layers, which gives the system flexibilit to be easily maintained and allow for upgrades by way of soft forks. After the settlement layer that will run Ada is complete, a seperate computing layer will be built to handle smart contracts, the digital legal agreements that will underpin future commerce and business. 

Cardano can also run decentralised applications or dapps, which are services that are not controlled by any single party but instad operate on a blockchain.

THE DAEDALUS WALLET

To use Ada you need to download Daedalus. Daedalus is a secure, multi-platform, HD (hierarchial deterministic) wallet for the ADA cryptocurrency.

To download and install Daedalus wallet follow this url: http://daedaluswallet.io/

Daedalus wallet features:

  • Encrypted private keys and spending passwords, offering strong protection against security threats such as malware.
  • Wallets can be also exported to paper certificates, giving the maximum security option of placing your funds in cold storage.
  • Ada redemption is built directly into Daedalus and supports all encrypted and unencrypted redemption certificates.
  • Configurable transaction assurance level monitoring which allows users to be sure when transactions become irreversible.

SHOP WITH CARDANO

You can spend Ada just like any other standard currency, by using a Cardano debit card. First you need to apply for the card, and once you obtain it, you'll be able to send Ada from your Daedalus wallet to load your Cardano debit card. The Ada funds are then automaticaly converted into a local currency of your choice, for example USD or EUR. You can use Cardano debit card in any store that you normaly buy things with your normal debit cards.


Current price of Cardano you can check here: https://coinmarketcap.com/currencies/cardano/

Here you can see the yearly chart of growth which you can also visit on the link above:

 You can buy Cardano on the following 7 exchanges:

  • Upbit
  • Binance
  • Bittrex
  • Gate.io
  • Coinnest
  • Mr.Exchange
  • Abucoins

I also own some ADA, personaly i believe it will grow. I can't tell how soon or how much but as always i believe in long term investments with money you don't miss. As i always say; Invest only as much as you are willing to loose as that way your financial freedom stays intact and you avoid any bigger risks.

Tell us what you think about Cardano (ADA) in the comments below.

Tags: #cardano #ada #daedalus #wallet #bitcoin #cryptocurrency #steem #steemit #crypto #life #money #wealth #investment #dtube #hr1 #bue #vcelier #craig-grant #jerrybanfield #acidyo #sndbox #slowwalker #brian-rhodes #UpvoteForUpvote , #TrevonJB , #CraigRant 

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Cardano is a good crypto, will for sure fly in 2018! :) Profits to make!

I agree ;)

Yes, I like ADA coins too, I even like the name ;-)
On the more serious note, Cordano's development team is top notch and yep, their wallet is top notch too. Happy ADA hodling to us!

I like Cardano/ ADA coin because it is one of many candidates the third generation of blockchain, where we can make decentralize application dapps on the blockchain, personallity i have made investment in it for long time i think for couples years later.

Thank you very much for your post! I already heard a few good things about ADA and Cardano, but you really summarized the information effectively! Upvoted and resteemed!

Thank you friend

Cardano is one of the most stable projects and team that we have out there at the moment. Looking forward to seeing them in the near future!

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
ADACardano0.326$-5.52%-19.21%
DENTDent0.027$-7.09%8.73%
SCSiacoin0.021$-5.23%-28.21%
TRXTRON0.041$-5.72%-20.9%

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