Cryptocurrency Q&A
Does Cardano support Ada cryptocurrency?
Does Cardano support Ada cryptocurrency?
Chiara
Wed Nov 13 2024
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5 answers
1542
Cardano, developed by the IOHK team led by Charles Hoskinson, is a blockchain platform that supports its native cryptocurrency called Ada (ADA). Ada is used for various purposes within the Cardano ecosystem, including as a settlement currency, for staking, and governance. Cardano aims to provide a more sustainable and scalable blockchain solution through its layered architecture, supporting smart contracts and decentralized applications.
5 answers
Carlo
Fri Nov 15 2024
The partnership aimed to develop a secure air-gapped hardware wallet.
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EmeraldPulse
Fri Nov 15 2024
This wallet would support the ADA cryptocurrency, offering users a SAFE storage solution.
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Arianna
Fri Nov 15 2024
At that time, there were only a few hardware and mobile wallets that supported ADA.
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SejongWisdomKeeper
Fri Nov 15 2024
Therefore, this partnership was considered a big deal in the cryptocurrency community.
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CryptoPioneer
Fri Nov 15 2024
On July 3, 2019, Cardano made a significant move by partnering with Ellipal Hardware.
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