Cardano - Quick Intro to ADA

Good Day,

If you trade on Bittrex, you're probably curious about the insane amount of volume ADA is getting. At the current time, it has 22595 BTC trade volume with a current price of 597 satoshis.

What is Cardano?

Cardano is a blockchain technology that will be capable of running financial applications for everyday use. The Cardano Platform is constructed in layers to add flexibility and allow for upgrades to be done through soft forks (backwards compatible upgrades). In this case the "settlement" layer will run ADA, while a separate computing layer will handle the smart contracts (a computer protocol intended to facilitate, verify, or enforce the negotiation or performance of a contract)

" The vision for Cardano is that its new style of regulated computing will bring greater financial inclusion by providing open access for all to fair financial services." quoted from the link below.

https://www.cardanohub.org/en/what-is-cardano/

Cardano (ADA) is Proof Of Stake using the Deadalus wallet: https://daedaluswallet.io/

Cardano Project Stakeholder :
IOHK - https://iohk.io/
Emurgo - http://emurgo.io/
Candano Foundation - https://cardanofoundation.org/

Difference between Hard fork and Soft fork : https://www.coindesk.com/short-guide-bitcoin-forks-explained/