What Is Cardano (ADA)?

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Table of contents

  1. Empty
  2. What Is Cardano?
  3. How Is ADA Different From Other Cryptocurrencies?
  4. How to Buy and Invest in Cardano
  5. In Conclusion

Empty

{"blocks":[{"key":"9rbb6","text":"While Bitcoin is the go-to leader and number one cryptocurrency in the world, there have been other new cryptocurrencies growing and establishing their footing in the global cryptocurrency market, such as Cardano’s ADA.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":219,"style":"color-rgb(0,0,0)"},{"offset":0,"length":219,"style":"bgcolor-transparent"},{"offset":0,"length":219,"style":"fontsize-11pt"},{"offset":0,"length":219,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"54kki","text":"Cardano’s ADA token was largely unnoticed by traders until 2021, despite its launch in September 2017. Ever since, the cryptocurrency has seen a remarkable surge in popularity, becoming one of the most valuable cryptocurrencies in the world.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":241,"style":"color-rgb(0,0,0)"},{"offset":0,"length":241,"style":"bgcolor-transparent"},{"offset":0,"length":241,"style":"fontsize-11pt"},{"offset":0,"length":241,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"4pabe","text":"In this article, we’ll explore what Cardano is and how it works in detail. We also have a guide on how to buy and invest in Cardano.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":132,"style":"color-rgb(0,0,0)"},{"offset":0,"length":132,"style":"bgcolor-transparent"},{"offset":0,"length":132,"style":"fontsize-11pt"},{"offset":0,"length":132,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}}],"entityMap":{}}

What Is Cardano?

{"blocks":[{"key":"30fe6","text":"Cardano is an open-source Proof of Stake blockchain platform that was founded by Charles Hoskinson, co-founder of Ethereum.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":123,"style":"color-rgb(0,0,0)"},{"offset":0,"length":123,"style":"bgcolor-transparent"},{"offset":0,"length":123,"style":"fontsize-11pt"},{"offset":0,"length":123,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"9hfea","text":"It was created to become a more efficient alternative to Proof of Work blockchains and provide “a more balanced and sustainable ecosystem” for cryptocurrencies.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":160,"style":"color-rgb(0,0,0)"},{"offset":0,"length":160,"style":"bgcolor-transparent"},{"offset":0,"length":160,"style":"fontsize-11pt"},{"offset":0,"length":160,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"1sei0","text":"Initially, Hoskinson created Cardano as a research project to investigate how cryptocurrencies could be improved.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":113,"style":"color-rgb(0,0,0)"},{"offset":0,"length":113,"style":"bgcolor-transparent"},{"offset":0,"length":113,"style":"fontsize-11pt"},{"offset":0,"length":113,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"56kub","text":"It has, however, evolved into a blockchain platform, and its cryptocurrency has risen to become one of the world's top ten.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":123,"style":"color-rgb(0,0,0)"},{"offset":0,"length":123,"style":"bgcolor-transparent"},{"offset":0,"length":123,"style":"fontsize-11pt"},{"offset":0,"length":123,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"fkdih","text":"Cardano is being developed in five stages, or eras, to become a “decentralized application (DApp) development platform with a multi-asset ledger and verifiable smart contracts.”","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":177,"style":"color-rgb(0,0,0)"},{"offset":0,"length":177,"style":"bgcolor-transparent"},{"offset":0,"length":177,"style":"fontsize-11pt"},{"offset":0,"length":177,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"dig78","text":"Named after influential historical figures, these five phases are:","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":66,"style":"color-rgb(0,0,0)"},{"offset":0,"length":66,"style":"bgcolor-transparent"},{"offset":0,"length":66,"style":"fontsize-11pt"},{"offset":0,"length":66,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"9623f","text":"Foundation; Byron Era","type":"unordered-list-item","depth":0,"inlineStyleRanges":[{"offset":0,"length":21,"style":"color-rgb(0,0,0)"},{"offset":0,"length":21,"style":"bgcolor-transparent"},{"offset":0,"length":21,"style":"fontsize-11pt"},{"offset":0,"length":21,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"bul0g","text":"Decentralization; Shelley Era","type":"unordered-list-item","depth":0,"inlineStyleRanges":[{"offset":0,"length":29,"style":"color-rgb(0,0,0)"},{"offset":0,"length":29,"style":"bgcolor-transparent"},{"offset":0,"length":29,"style":"fontsize-11pt"},{"offset":0,"length":29,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"62tio","text":"Smart Contracts; Goguen Era","type":"unordered-list-item","depth":0,"inlineStyleRanges":[{"offset":0,"length":27,"style":"color-rgb(0,0,0)"},{"offset":0,"length":27,"style":"bgcolor-transparent"},{"offset":0,"length":27,"style":"fontsize-11pt"},{"offset":0,"length":27,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"4eihk","text":"Scaling; Basho Era","type":"unordered-list-item","depth":0,"inlineStyleRanges":[{"offset":0,"length":18,"style":"color-rgb(0,0,0)"},{"offset":0,"length":18,"style":"bgcolor-transparent"},{"offset":0,"length":18,"style":"fontsize-11pt"},{"offset":0,"length":18,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"9jct0","text":"Governance; Voltaire Era ","type":"unordered-list-item","depth":0,"inlineStyleRanges":[{"offset":0,"length":24,"style":"color-rgb(0,0,0)"},{"offset":0,"length":24,"style":"bgcolor-transparent"},{"offset":0,"length":24,"style":"fontsize-11pt"},{"offset":0,"length":24,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"abnlc","text":"What Is ADA?","type":"header-three","depth":0,"inlineStyleRanges":[],"entityRanges":[],"data":{}},{"key":"958hm","text":"ADA is Cardano’s primary cryptocurrency. It was named after the first computer programmer, Ada Lovelace, a 19th-century mathematician and the poet Lord Byron's daughter.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":169,"style":"color-rgb(0,0,0)"},{"offset":0,"length":169,"style":"bgcolor-transparent"},{"offset":0,"length":169,"style":"fontsize-11pt"},{"offset":0,"length":169,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"3go3s","text":"Unlike Bitcoin, ADA isn’t mined but staked. Simply, it means that there are ADA validators or holders who bet on their ability to verify all transactions on the block. Then, these validators or holders earn rewards in the form of crypto coins if the blockchain verifies their blocks.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":283,"style":"color-rgb(0,0,0)"},{"offset":0,"length":283,"style":"bgcolor-transparent"},{"offset":0,"length":283,"style":"fontsize-11pt"},{"offset":0,"length":283,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"6deqj","text":"How PoS Works","type":"header-three","depth":0,"inlineStyleRanges":[{"offset":0,"length":13,"style":"color-rgb(67,67,67)"},{"offset":0,"length":13,"style":"bgcolor-transparent"},{"offset":0,"length":13,"style":"fontsize-14pt"},{"offset":0,"length":13,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"5ikpe","text":"Proof of Work is a system that cryptocurrencies like Bitcoin and Ethereum use to regulate and obtain blocks as well as add them to the blockchain.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":146,"style":"color-rgb(0,0,0)"},{"offset":0,"length":146,"style":"bgcolor-transparent"},{"offset":0,"length":146,"style":"fontsize-11pt"},{"offset":0,"length":146,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"abk3t","text":"The main problem with PoW is that it requires a huge amount of energy to solve the hash. As a result, two developers, Scott Nadal and Sunny King, created an alternative consensus mechanism called Proof of Stake.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":211,"style":"color-rgb(0,0,0)"},{"offset":0,"length":211,"style":"bgcolor-transparent"},{"offset":0,"length":211,"style":"fontsize-11pt"},{"offset":0,"length":211,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"6ugu7","text":"This system is what allows Cardano to be energy-efficient. It limits the number of devices verifying transactions at any one time, which keeps energy consumption reasonable.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":173,"style":"color-rgb(0,0,0)"},{"offset":0,"length":173,"style":"bgcolor-transparent"},{"offset":0,"length":173,"style":"fontsize-11pt"},{"offset":0,"length":173,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"eu502","text":"To put things into perspective, here's an estimate of how much energy Cardano consumes per year in comparison to the two most popular cryptocurrencies:","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":151,"style":"color-rgb(0,0,0)"},{"offset":0,"length":151,"style":"bgcolor-transparent"},{"offset":0,"length":151,"style":"fontsize-11pt"},{"offset":0,"length":151,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"39u5d","text":"Cardano: six-gigawatt hours","type":"unordered-list-item","depth":0,"inlineStyleRanges":[{"offset":0,"length":27,"style":"color-rgb(0,0,0)"},{"offset":0,"length":27,"style":"bgcolor-transparent"},{"offset":0,"length":27,"style":"fontsize-11pt"},{"offset":0,"length":27,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"6aocv","text":"Bitcoin: 91 terawatt hours","type":"unordered-list-item","depth":0,"inlineStyleRanges":[{"offset":0,"length":26,"style":"color-rgb(0,0,0)"},{"offset":0,"length":26,"style":"bgcolor-transparent"},{"offset":0,"length":26,"style":"fontsize-11pt"},{"offset":0,"length":26,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"cdo4j","text":"Ethereum: 44.5 terawatt hours","type":"unordered-list-item","depth":0,"inlineStyleRanges":[{"offset":0,"length":29,"style":"color-rgb(0,0,0)"},{"offset":0,"length":29,"style":"bgcolor-transparent"},{"offset":0,"length":29,"style":"fontsize-11pt"},{"offset":0,"length":29,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"5vfgt","text":"Keep in mind that one terawatt equals 1,000 gigawatts. In other words, Bitcoin consumes roughly the same amount of energy as Argentina, which has a population of about 45 million people. Cardano, on the other hand, consumes the equivalent of 600 U.S. homes.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":257,"style":"color-rgb(0,0,0)"},{"offset":0,"length":257,"style":"bgcolor-transparent"},{"offset":0,"length":257,"style":"fontsize-11pt"},{"offset":0,"length":257,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}}],"entityMap":{}}

How Is ADA Different From Other Cryptocurrencies?

{"blocks":[{"key":"f57ve","text":"Unlike other cryptocurrencies, Cardano remains an outlier in the volatile cryptocurrency world. It aims to solve the problems that often arise from Bitcoin, Ethereum, and so on.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":177,"style":"color-rgb(0,0,0)"},{"offset":0,"length":177,"style":"bgcolor-transparent"},{"offset":0,"length":177,"style":"fontsize-11pt"},{"offset":0,"length":177,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"628ls","text":"Scalability","type":"header-three","depth":0,"inlineStyleRanges":[{"offset":0,"length":11,"style":"color-rgb(67,67,67)"},{"offset":0,"length":11,"style":"bgcolor-transparent"},{"offset":0,"length":11,"style":"fontsize-14pt"},{"offset":0,"length":11,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"8thm0","text":"In general, blockchains that use the PoW system can process tens of transactions per second. This processing capacity has resulted in network slowdown and high fees due to an increase in transaction volumes.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":207,"style":"color-rgb(0,0,0)"},{"offset":0,"length":207,"style":"bgcolor-transparent"},{"offset":0,"length":207,"style":"fontsize-11pt"},{"offset":0,"length":207,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"cbbv6","text":"Cardano’s solution to this issue is to use the Ouroboros PoS consensus protocol. This approach appoints leaders to verify and validate transactions from a collection of nodes, which saves energy and allows for faster transaction processing.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":240,"style":"color-rgb(0,0,0)"},{"offset":0,"length":240,"style":"bgcolor-transparent"},{"offset":0,"length":240,"style":"fontsize-11pt"},{"offset":0,"length":240,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"f1tlh","text":"What’s more, Cardano scales its network using Recursive Internetwork Architecture, or RINA for short. RINA only has two types of protocols: data transfer and layer management, so no additional protocols are required to maintain security.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":237,"style":"color-rgb(0,0,0)"},{"offset":0,"length":237,"style":"bgcolor-transparent"},{"offset":0,"length":237,"style":"fontsize-11pt"},{"offset":0,"length":237,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"3cp78","text":"Interoperability","type":"header-three","depth":0,"inlineStyleRanges":[{"offset":0,"length":16,"style":"color-rgb(67,67,67)"},{"offset":0,"length":16,"style":"bgcolor-transparent"},{"offset":0,"length":16,"style":"fontsize-14pt"},{"offset":0,"length":16,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"7qjvt","text":"Interoperability is the portability of cryptocurrency from blockchain to blockchain and from blockchain to the global finance ecosystem. ","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":137,"style":"color-rgb(0,0,0)"},{"offset":0,"length":137,"style":"bgcolor-transparent"},{"offset":0,"length":137,"style":"fontsize-11pt"},{"offset":0,"length":137,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"fm92j","text":"At the moment, there’s no way for two blockchains to communicate directly, so you can't, for example, convert Bitcoin to ADA.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":125,"style":"color-rgb(0,0,0)"},{"offset":0,"length":125,"style":"bgcolor-transparent"},{"offset":0,"length":125,"style":"fontsize-11pt"},{"offset":0,"length":125,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"c3ig4","text":"Cardano's goal is to enable cross-chain transfers via side chains, which conduct transactions between two parties off-chain.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":124,"style":"color-rgb(0,0,0)"},{"offset":0,"length":124,"style":"bgcolor-transparent"},{"offset":0,"length":124,"style":"fontsize-11pt"},{"offset":0,"length":124,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"268ba","text":"This process will also allow Cardano's growth to be dependent on the overall growth of the blockchain ecosystem as well as the ADA.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":131,"style":"color-rgb(0,0,0)"},{"offset":0,"length":131,"style":"bgcolor-transparent"},{"offset":0,"length":131,"style":"fontsize-11pt"},{"offset":0,"length":131,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"1cv0b","text":"Sustainability","type":"header-three","depth":0,"inlineStyleRanges":[{"offset":0,"length":14,"style":"color-rgb(67,67,67)"},{"offset":0,"length":14,"style":"bgcolor-transparent"},{"offset":0,"length":14,"style":"fontsize-14pt"},{"offset":0,"length":14,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"5hj6i","text":"Most new cryptocurrencies are launched with an Initial Coin Offering or an ICO. The creators gather some funds to pour into cutting-edge research, which can be expensive and unsustainable.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":188,"style":"color-rgb(0,0,0)"},{"offset":0,"length":188,"style":"bgcolor-transparent"},{"offset":0,"length":188,"style":"fontsize-11pt"},{"offset":0,"length":188,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"183k6","text":"Cardano works around this issue by using a Treasury model. It takes a small amount from each transaction on the blockchain and deposits it in the Treasury, where any developer or individual can submit a proposal to use that money to improve the blockchain.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":256,"style":"color-rgb(0,0,0)"},{"offset":0,"length":256,"style":"bgcolor-transparent"},{"offset":0,"length":256,"style":"fontsize-11pt"},{"offset":0,"length":256,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}}],"entityMap":{}}

How to Buy and Invest in Cardano

{"blocks":[{"key":"dvgfh","text":"Due to Cardano’s increase in popularity, you can now buy ADA using a broker or on most major cryptocurrency exchanges, including Coinbase and Kraken.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":149,"style":"color-rgb(0,0,0)"},{"offset":0,"length":149,"style":"bgcolor-transparent"},{"offset":0,"length":149,"style":"fontsize-11pt"},{"offset":0,"length":149,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"7s43s","text":"All you need to do is:","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":22,"style":"color-rgb(0,0,0)"},{"offset":0,"length":22,"style":"bgcolor-transparent"},{"offset":0,"length":22,"style":"fontsize-11pt"},{"offset":0,"length":22,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"f532g","text":"Create an account using your full name, email address, and phone number","type":"unordered-list-item","depth":0,"inlineStyleRanges":[{"offset":0,"length":71,"style":"color-rgb(0,0,0)"},{"offset":0,"length":71,"style":"bgcolor-transparent"},{"offset":0,"length":71,"style":"fontsize-11pt"},{"offset":0,"length":71,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"6jo6e","text":"Verify your identity with your date of birth, social security number, physical address, and a scan of a valid ID","type":"unordered-list-item","depth":0,"inlineStyleRanges":[{"offset":0,"length":112,"style":"color-rgb(0,0,0)"},{"offset":0,"length":112,"style":"bgcolor-transparent"},{"offset":0,"length":112,"style":"fontsize-11pt"},{"offset":0,"length":112,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"bosbi","text":"Choose an investment strategy; either make one purchase or buy on a regular basis","type":"unordered-list-item","depth":0,"inlineStyleRanges":[{"offset":0,"length":81,"style":"color-rgb(0,0,0)"},{"offset":0,"length":81,"style":"bgcolor-transparent"},{"offset":0,"length":81,"style":"fontsize-11pt"},{"offset":0,"length":81,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"6ui2q","text":"Transfer funds to your account through an ACH bank transfer, debit card, credit card, or PayPal. This process could take a few business days","type":"unordered-list-item","depth":0,"inlineStyleRanges":[{"offset":0,"length":141,"style":"color-rgb(0,0,0)"},{"offset":0,"length":141,"style":"bgcolor-transparent"},{"offset":0,"length":141,"style":"fontsize-11pt"},{"offset":0,"length":141,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"dc1jo","text":"Choose the amount of money you want to spend on ADA and confirm the purchase","type":"unordered-list-item","depth":0,"inlineStyleRanges":[{"offset":0,"length":76,"style":"color-rgb(0,0,0)"},{"offset":0,"length":76,"style":"bgcolor-transparent"},{"offset":0,"length":76,"style":"fontsize-11pt"},{"offset":0,"length":76,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"19imk","text":"Shortly after, the ADA you bought should appear in your account. Kraken typically requires 15 confirmations for each ADA transaction, so the entire process takes about 10 minutes.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":179,"style":"color-rgb(0,0,0)"},{"offset":0,"length":179,"style":"bgcolor-transparent"},{"offset":0,"length":179,"style":"fontsize-11pt"},{"offset":0,"length":179,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"ffa4i","text":"Coinbase, on the other hand, requires approximately 10 confirmations for an ADA transaction but doesn’t specify a time frame.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":125,"style":"color-rgb(0,0,0)"},{"offset":0,"length":125,"style":"bgcolor-transparent"},{"offset":0,"length":125,"style":"fontsize-11pt"},{"offset":0,"length":125,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"1ha6t","text":"Keep in mind that each cryptocurrency exchange has transaction fees when buying cryptocurrency, so make sure you choose one that has a reasonable rate.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":151,"style":"color-rgb(0,0,0)"},{"offset":0,"length":151,"style":"bgcolor-transparent"},{"offset":0,"length":151,"style":"fontsize-11pt"},{"offset":0,"length":151,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}}],"entityMap":{}}

In Conclusion

{"blocks":[{"key":"aphtr","text":"With more and more people using digital currencies and decentralized blockchains, it seems that cryptocurrencies are going to be the next big wave.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":147,"style":"color-rgb(0,0,0)"},{"offset":0,"length":147,"style":"bgcolor-transparent"},{"offset":0,"length":147,"style":"fontsize-11pt"},{"offset":0,"length":147,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"a6065","text":"That’s why it’s essential to familiarize yourself with the different tokens and their blockchains, especially the most valuable ones. ","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":134,"style":"color-rgb(0,0,0)"},{"offset":0,"length":134,"style":"bgcolor-transparent"},{"offset":0,"length":134,"style":"fontsize-11pt"},{"offset":0,"length":134,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"e755m","text":"That said, while we recommend learning about cryptocurrencies, investing in them is a completely different story. It's a high-risk, speculative process, so if you're going to trade Cardano or any other cryptocurrency, you should seek qualified professional assistance.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":268,"style":"color-rgb(0,0,0)"},{"offset":0,"length":268,"style":"bgcolor-transparent"},{"offset":0,"length":268,"style":"fontsize-11pt"},{"offset":0,"length":268,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}}],"entityMap":{}}