Today, cryptocurrency (digital currency) actively occupies a leading position in the global market. It differs in emissions and accounting, which are based on asymmetric encryption. Such a currency is completely protected by special methods. It functions decentralized and only on the Internet. Cryptocurrency has no material monetary carriers, its existence is completely determined by the digital world. In this article, we will analyze several crypto currency instruments.
What is ADA
Cardano is a technology platform that facilitates the launch of all kinds of applications that are similar to those used by individuals, companies and even governments on a daily basis. Therefore, in order to give an exhaustive answer to the question of what Cardano is, you need to delve into this topic. The platform is multi-layered, which allows for flexibility and upgrades through soft forks. The base level is based on the calculation level. The project cryptocurrency ADA is used here. Next come the computational layers, with which you can launch and process smart contracts.
Cardano’s native cryptocurrency is called ADA, after Ada Lovelace, a famous 19th-century mathematician.
What is Ardana
Ardana is a blockchain ecosystem for change agents, innovators and visionaries, with the tools and technologies needed to create opportunity and achieve positive global change.15. Oct 2021.
What is Ergodex
ErgoDEX is a decentralized non-custodial exchange (DEX) powered by Ergo. This DEX allows users to transfer liquidity between Ergo and Cardano (ADA). ErgoDEX implements an extended Unspent Transaction Outbound (UTXO) or eUTXO model to provide liquidity distribution between the two platforms.
ErgoDEX is not just a simple AMM-type decentralized exchange, but also allows you to share liquidity between AMM-type exchanges and the order book. To allow people to have access to both instant swaps and limit orders when using the exchange. Initial Coin Offerings – or ‘ICOs’ on ErgoDEX can also be much safer and more enjoyable because Ergo UTXO’s design allows for just-in-time swaps and buyback guarantees, adding an extra layer of protection in exchange. There will be many other features, but we will reveal them when the time is right.
What is Yoroi
Yoroi allows users to work with ADA in a browser. This is a “lightweight” wallet that allows you to send and receive Cardano in a matter of minutes, ”the description for the extension in the Chrome store says.
The Yoroi extension allows users to easily control their funds without being synchronized with the blockchain. Users can easily import ADA from Daedalus to their Yoroi wallet.
What is AdaSwap
AdaSwap will become a pillar supporting the growth of the Cardano ecosystem. The most basic requirement of any trading platform is a swap system for trading. AdaSwap will provide the best exchange protocol in the most existing ecosystem along with tools to help users create a DeFi space right next to us.
This will be the first automated distribution system on the Cardano network that will reward users for interacting with our platform and the Cardano network. This will help create a diverse and rich portfolio, providing users with new tokens, NFTs and projects.
What is DOEX?
A decentralized exchange or DOEX is a place where people can trade without an intermediary. Decentralized exchanges allow people to exchange cryptocurrency tokens directly with each other. They have some advantages over centralized crypto exchanges and some disadvantages.
A decentralized exchange (DOEX) is a platform for trading digital assets directly between participants (P2P) without the participation of a third party or partial transfer of control over assets to it.
What is MeowSwap
MeowSwap is a DEX using a Layer-2 solution currently running on the Cardano mainnet.
It is managed by a team of experienced professionals who will operate transparently and fairly, just like real companies.
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