What is Cardano?
Cardano is a network based on blockchain technology that supports the Cardano cryptocurrency and other applications. In addition to the Cardano coin, the network offers features like smart contracts and decentralized applications (ĐApps).
Special Features of Cardano
The ADA coin is the main currency in the Cardano network and is also used to pay transaction fees. It is considered more environmentally friendly compared to other cryptocurrencies due to the method of transaction verification on the Cardano network.
How to Mine Cardano
Unlike some competing currencies like Bitcoin and Litecoin, you cannot mine Cardano to create new coins. Cardano uses its own Ouroboros protocol and employs a “Proof of Stake” method to verify the creation of new blocks.
How to Buy/Invest in Cardano
Buying and investing in Cardano has become easier with its increasing popularity. You can now purchase ADA on most major cryptocurrency exchanges like Coinbase, Kraken, and Bittrex.
Source: https://www.thebalancemoney.com/cardano-ada-explained-5194216
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