What is Cardano?

Cryptocurrency creators come from all places, and with all kinds of motivations. Indeed, that’s one of the most exciting parts about digital currencies, anyone with enough will and determination can create one. While the development of the currency is sometimes inconsequential, at other times, it feeds right into what the coin is all about. This is certainly the case with Cardano. 

So what is Cardano? It’s a blockchain with an impressive background, that’s what it is. It’s the first peer-reviewed blockchain in the world and is the handy work of a team of academics and scientists from universities across the world.

Using the philosophy that the first invention is never the finished one, Cardano hoped to deliver a blockchain that will be the solution to the problems experienced by Bitcoin and Ethereum. These are considered first and second-generation blockchains, respectively, and Cardano is the third generation. 

Ready To Spend Your Bitcoin, Ethereum, Ripple, Litecoin, and Other Cryptocurrencies?
Within minutes you can register for a Unbanked account, add funds, pass KYC, get a virtual card and make purchases anywhere major credit cards are accepted. Register at no cost to you.
  Register Now

There’s a digital currency attached, which is called Ada. Perhaps the thing that’ll stand out most to people about Ada is that it’s scalable using a layered architecture. Interestingly, Cardano is the brainchild of Charles Hoskinson, who was one of the founding members of Ethereum. So when they say that it’s an improved version of that platform, then it’s worth checking it out.

Overall, this project is impressive for several reasons, including the team that’s working behind the scenes, the lack of scale limit, and the fact that ADA offers fast and secure transactions. However, it’s not finished yet, so the true impact is hard to gauge. 

Buy Bitcoin With Your Unbanked Bank Account
Buy Bitcoin and other cryptocurrencies with your crypto friendly bank account from Unbanked. Purchase Bitcoin and other crypto instantly and settle to your crypto wallet.
  Register Now

Want to know more about Cardano? Open up an online bank account, deposit your crypto, and start using your BlockCard as soon as your application is complete.

The Latest

Unbanked - UNBNK/USDD

The Unbanked Automated Market Maker (AMM) – UNBNK/USDD Explained

UNBNK is Unbanked’s digital currency.  There are two versions of UNBNK, one that operates on Ethereum as ERC-20 and the other that operates on Stellar.  You can read more about UNBNK here.  For this overview, we will focus entirely on the Stellar-based version of UNBNK. The Stellar-based UNBNK token is what is used on Unbanked.com… Read Article

How to Earn Rewards on Your Cryptocurrencies?

As the cryptocurrency industry is booming, people are exploring new and more exciting ways to earn cryptocurrency rewards, learning about decentralized finance (DeFi) apps and cryptocurrencies. You would probably have heard about credit card reward programs, cash backs on shopping, bank account interests, and various sign-up bonuses. These programs have one thing in common –… Read Article

Understanding the World of Decentralized Finance (DeFi)

Decentralized Finance (DeFi) is an open, digital monetary system that utilizes the power of blockchain to facilitate transactions. DeFi is an alternative financial system that aims to democratize finance by replacing tightly controlled, opaque legacy systems with outdated processes and infrastructure. The world of decentralized finance consists of digital assets, smart contracts, and decentralized applications… Read Article

What is the Utility of NFTs?

NFTs (non-fungible tokens) are unique digital collectibles with different identification codes. Unlike cryptocurrencies, NFTs are non-fungible, i.e., they cannot be exchanged for another NFT because each one is unique with its attributes. NFTs exist on blockchains; therefore, they cannot be replicated. Kevin McCoy and Anil Dash created the first-ever NFT called Quantum in the year… Read Article


6.38%

Crypto Rewards
on Spend

You also have access to:

BANK ACCOUNTS
DEBIT CARDS
BUYING, SELLING, & SPENDING CRYPTO


ARE YOU READY TO GET UNBANKED?


Nah, I enjoy high fees...

x
Join 2,400+ other investors with over $2.7 million raised! 🔥
This is default text for notification bar