Decentralized Exchange Protocol on the Cardano Network
Cardano’s scientific-research first approach to smart contracts is redefining the future of DeFi, ushering in a totally new approach to business.
The current proof-of-work consensus design of the Ethereum mainnet has been a drag on DeFi expansion, 15 transactions per second is too slow and fees of hundreds of dollars per transaction are simply too high. Founded by Charles Hoskinson, a co-founder of Ethereum, Cardano will soon launch smart contracts - this technological, often referred too as blockchain 3.0, is a significant milestone for the industry.
ADAX will provide a suite of Cardano-tailored DeFi solutions and will become a powerful trading venue within the Cardano ecosystem, introducing a trustless protocol that facilitates token swaps, non-fungible token (NFT) trading, and broader reorientation of the crypto world towards Cardano.
ADAX will provide a suite of Cardano-tailored DeFi solutions and will become a powerful trading venue within the Cardano ecosystem, introducing a trustless protocol that facilitates token swaps, non-fungible token (NFT) trading, and broader reorientation of the crypto world towards Cardano.
Other Cardano/ADA Related News
5 Stars - Charles Hoskinson: Thoughts on the Market and the Ecosystem
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- Cardano: What is This Green Crypto & How Does it Work
Visit: https://www.scotsman.com/lifestyle/money/cardano-what-is-the-green-crypto-how-does-it-work-share-price-and-can-it-rival-bitcoin-and-ethereum-3251017
The Cardano Team
Cardano Blockchain 3.0 | ADA Cryptocurrency
The Cardano Foundation,
an independent-entity based in Switzerland, supervises the development
of Cardano and its ecosystem; they are committed to protecting and
promoting Cardano, and to advocating on behalf of the users and
community of the protocol.
Input|Output
is the engineering firm developing the Cardano platform, which has
more advanced features of any protocol to date, and is the first to
evolve out of a scientific philosophy. The large team of expert
engineers and researchers, drawn from around the globe, began by
deconstructing the concept of a cryptocurrency and incorporating a
ground-breaking Proof of Stake Algorithm, Ouroboros. The IOHK team
employed a first principles approach driven by peer-reviewed, academic
research to build Cardano from the ground up.
Emurgo is
a global blockchain technology company providing solutions for
developers, startups, enterprises and governments integrating onto the
Cardano blockchain. EMURGO develops enterprise-grade applications,
builds developer tools, invests in startups, and provides blockchain
education; the company has offices and manages projects in Singapore,
Japan, the USA, India, and Indonesia.