Cardano (CCC: ADA-USD) might be down, but it is certainly not out. The crypto network has had an incredible year, catapulting itself from the pack to the elite level of digital currencies like Bitcoin (CCC: BTC-USD) and Ethereum (CCC: ETH-USD). It is currently suffering from flash crash that’s disrupting the whole market today.What is the Cardano cryptocurrency?
Cardano Cryptocurrency is a decentralized public blockchain. It is an entirely open source blockchain built by a team of academics and engineers aimed at helping to create the premiere smart economy. Cardano features the ADA Cryptocurrency as the currency of the platform.What is Cardano coin?
Cardano is one of the first coins to use a Proof of Stake (PoS) blockchain built using the Haskell programming language. Their patented blockchain technology is known as “Ouroborous” and offers advanced security and functionalities not normally associated with PoS coins.