Crypto Cheat Sheets: Cardano (ADA)

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Overview: Cardano (ADA) is not only a cryptocurrency, but also a technological platform that will be able to run financial applications used on a daily basis by consumers, enterprises, and governments. The platform is being developed in layers, which allows the system to be easier to maintain and make upgrades through soft forks. Once Cardano’s settlement layer is completed, a new layer will be constructed solely dedicated to managing smart contracts. Cardano is a relatively newcomer to the crypto-sphere, but it has been called the “Ethereum of Japan” and “Ethereum Killer.”

Max Supply: 45 Billion ADA

Mineable: No

Website(s):

https://www.cardanohub.org

Whitepaper:

https://whycardano.com

Video:

Disclosure: Spotlight Growth’s Crypto Cheat Sheets are not meant to be an endorsement or recommendation to invest or trade in the respective cryptocurrency mentioned above. They are meant strictly for information and entertainment purposes only. Please consider the risks and extremely speculative nature of cryptocurrencies before investing, which may not be suitable for all individuals. Spotlight Growth has no personal or business connections to any of the cryptocurrencies or their respective companies. However, the owner may have positions within one or more of the crypto coins mentioned for purposes of speculation or investment. For those that are active within crypto space, Spotlight Growth would like to remind you to exercise financial responsibility. PSA: These are very interesting and exciting times, but it is not recommended to take out additional mortgage, loan, liquidate 401K, utilize credit cards, etc. in order to participate within these markets. Please view SEC website for more details to consider: https://www.sec.gov/news/public-statement/statement-clayton-2017-12-11

Crypto Cheat Sheets: Cardano (ADA)

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