Here at Coinmama, we have added three new cryptocurrencies to purchase in addition to our Bitcoin (BTC), and Ethereum (ETH) packages. This week we’ve decided to give a history of each coin we have added and in our last post we discussed Litecoin (LTC). During this summary we will talk about the Cardano (ADA) platform and why the cryptocurrency has been a top digital asset over the past year.
Last year on September 29, 2017, a new distributed ledger system was launched called Cardano and its native token ADA. Many cryptocurrency investors have added ADA to their portfolio because Cardano is a project with a rather promising roadmap. The Cardano project aims to outshine competitor cryptocurrencies like Ethereum, and Bitcoin by providing a smart contract development platform, representative tokens, and the basic Cardano Settlement Layer (CSL).