After contacting him, Douglas Yates determined that to convert our Markethive coin to the Cardano platform was the perfect decision and so this now opens the door for us to launch the Markethive coin (MHV) as a Cardano based coin onto the exchanges.
Consequently we prepare to launch the wallet and open the MHV coin in the exchanges...
The platform began development in 2015 and was launched in 2017 by Charles Hoskinson, a co-founder of Ethereum and BitShares
Cardano uses Ouroboros proof of stake technology. In contrast, Bitcoin uses the proof of work system.
Price for 1 Cardano today (18/02/2021) : €0.7721 or $0,9348,
1 cardano equals 0,9348USD
Source: Wikipedia https://en.wikipedia.org/wiki/Cardano_(cryptocurrency_platform)
Cardano is a decentralized, multi-asset (MA) smart contract platform used in the future by MH.
Ada is the principal and internal coin on the cardano platform.
The Goguen ‘Mary’ update by cardano– named after author Mary Shelley – introduces the ability to create user-defined tokens (MH has defined his token as MHV). These custom tokens will be ‘native’, so they can be transacted directly on the blockchain, just like ada. While ada will remain Cardano’s principal currency, Cardano will transform into a multi-asset (MA) blockchain, opening up a constellation of possibilities. This MA capability will become a fresh development fulcrum for developers worldwide, further widening Cardano's reach and potential.
This mechanism will be used by MH for the MH exchange very soon rersulting in low fees for transactions, easy handling of transactions, secure transactions,....
Cardano has been pioneered by a team of academics and engineers, and is offering a unique approach to scaling and securing a blockchain network. Cardano is a non-profit platform with three separate bodies responsible for maintaining and developing the platform. The cryptocurrency which operated in the Cardano network is called ADA and is, like others, can be used for direct value transfer. Furthermore, the network will soon be able to handle smart contracts.
Out of all the blockchain technologies, Cardano is the very first blockchain-based platform that came from a research-driven approach and scientific philosophy. Instead of just a basic whitepaper, Cardano has a series of academic papers for investors to explore. The team behind Cardano’s development is a global collective filled with expert researchers and engineers.
The team behind Cardano took this unique approach because they recognize that technology must be flexible, scalable, and secure if millions of users are able to take advantage of it. Because of this, the team put as much emphasis on scientific rigor when developing Cardano and the Ada cryptocurrency as they would with mission-critical systems in banking or aerospace.
Another way that Cardano stands out is that it will balance out the needs of regulators and users while working in privacy and regulation. As such, Cardano should introduce a new type of regulated computing that allows for improved financial inclusion via its open access.
Ada is the cryptocurrency behind Cardano, and it is used to receive and send digital funds. The developers feel that digital cash, like Ada, shows how money will be in the future. It allows for quick direct transfers with guaranteed security thanks to cryptography.
Currently, you can buy or sell Ada cryptocurrency via one of several exchanges, with the list growing constantly. The cryptocurrency will also eventually be available at certain ATMs in Japan. Those with Ada will also be able to opt for a Cardano debit card, which lets you use it just like any other currency. The funds are converted automatically into your local currency for seamless use. The debit card will be connected to an application, so you can track transactions and your Ada balance.
Here’s how to purchase some ADA now …
You are not able to purchase ADA with “Fiat” currency so you will need to first purchase another currency – the easiest to buy are Bitcoin or Ethereum which you can do at Coinbase using a bank transfer or debit / credit card purchase and then swap that for ADA at an exchange such as Binance.
For first time buyers of crypto currency, we recommend that you use Coinbase to make your first purchase – its easy to use, fully regulated by the US government so you know it is one of the safest and most reputable places to purchase cryptocurrency from. Coinbase offers the ability to purchase Bitcoin, Litecoin and Ethereum with a credit or debit card or by sending a bank transfer. The fees are higher for cards but you will receive your currency instantly.
You will have to carry out some identity verification when signing up as they have to adhere to strict financial guidelines. Make sure you use our link to signup you will be credited with $10 in free bitcoin when you make your first purchase of $100.
With StealthEX you can exchange crypto at best rates with no registration.
We've tested it ourselves and the site is safe to use.
Forum cardano: https://forum.cardano.org/
Exchange Now BTC to Cardano: https://stealthex.io/?to=ada
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