What is ADA coin in a currency exchange (ADA coin Baidu Baike)

What is ADA coin in a currency exchange? According to official sources, ADA coin in a currency exchange is a cryptocurrency issued by the digital asset trading platform Bitstamp. The coin is a type of cryptocurrency launched by IOHK company in 2017 and first publicly circulated in early 2018. Currently, ICO projects are being conducted in over 50 countries and regions worldwide.

According to CoinMarketCap data, the total market value of the blockchain market has reached approximately $4 trillion since 2017, with Ethereum accounting for 81% of the market share. In the first half of 2019, the price of Bitcoin also experienced a significant increase, with a rise of over 151%. However, with market fluctuations and increasing technological maturity, investors are starting to look for safer and lower slippage alternatives.

ADA Coin on Baidu Baike

Editor’s note: This article is from the Orange Book (ID: chengpishu) and is authorized by Odaily Star Daily for republishing.

What is ADA? It is currently the third largest cryptocurrency by market capitalization and is almost identical to Ethereum in terms of technology. The development process from zero to one is very complex, but it has its own characteristics: in simple terms, it can run as a consensus mechanism in decentralized networks. ADA is also known as “super blockchain,” a network protocol based on distributed ledger technology developed by the Cardano Foundation. Introduction to ADA project

ADA is a decentralized virtual machine platform designed to address issues in digital asset trading such as payment clearing, cross-chain interoperability, etc. Its design philosophy is to enable smart contracts to execute quickly while supporting the construction of various infrastructure including public cloud computing and consortium chains, allowing applications to run on top of it.

Figure 1. ADA Whitepaper

Data Source: www.reddit.com/ada-coin

Baidu Baike Data Overview

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What is ADA? Figure 3

What is ADA coin? Figure 4

Introduction to ADA Token Names:

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1. Chinese Name – Amazon Web Services (AWS), Google Cloud, Microsoft Azure, Intel Corporation, IBM, Tencent Enterprise Mail, etc.

2. English Full Name – AdaCoin.

Image 6. Official Website Display

https://ada-coingecko.io/

ADA Token Distribution Plan

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According to the community voting results,

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According to official tweets,

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Specific Situation of ADA

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According to the rules given by the team:

Users can apply to join by registering an account and receive a certain amount of token rewards (such as $400) or invite friends to participate. If the conditions are met, they can receive $1000 for free.

Note: 1. Register an account by submitting information through WeChat mini-program or adding a personal assistant.