Cryptocurrency Q&A
What blockchain is Cardano built on?
What blockchain is Cardano built on?
KpopStarletShineBrightnessStarlight
Fri Sep 20 2024
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7 answers
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Could you please elaborate on the underlying blockchain technology that Cardano is founded upon? I understand that it's a third-generation blockchain platform, but I'm interested in knowing more about the specific architecture and characteristics of the blockchain that powers Cardano. Is it a custom-built blockchain or does it utilize an existing framework? Furthermore, how does the blockchain of Cardano differ from other popular blockchains in the cryptocurrency space, such as Bitcoin and Ethereum? I'm eager to learn more about the technological advancements and unique features that set Cardano apart in this regard.
7 answers
GyeongjuGloryDaysFestival
Sun Sep 22 2024
Cardano, a groundbreaking Proof of Stake (PoS) blockchain project, distinguishes itself as a "third-generation" platform. Its innovative approach tackles the scalability challenges that have hindered the progress of "second-generation" blockchains, notably Ethereum and its mounting gas fees.
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SeoulSerenitySeeker
Sun Sep 22 2024
The Cardano network envisions a future where blockchain technology transcends its current limitations and fulfills its true potential. It aims to provide a robust, scalable, and sustainable infrastructure for decentralized applications and smart contracts.
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CryptoElite
Sat Sep 21 2024
BTCC's spot trading platform provides users with access to a wide range of cryptocurrencies, enabling them to buy and sell digital assets with ease. Its futures trading service, on the other hand, offers Leveraged trading opportunities and advanced tools for experienced traders looking to capitalize on market movements.
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Tommaso
Sat Sep 21 2024
By adopting a meticulous and scientific methodology, Cardano's development is guided by peer-reviewed research and evidence-based practices. This approach ensures that the network evolves steadily, addressing critical issues while maintaining security and decentralization.
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AzrilTaufani
Sat Sep 21 2024
Cardano's commitment to scalability is evident in its layered architecture, which separates the settlement layer (Cardano Settlement Layer, CSL) from the computation layer (Cardano Computational Layer, CCL). This design facilitates parallel processing and enhances the network's throughput.
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