Cardano is a cryptocurrency known as a ‘green’ cryptocurrency, owed to its proof-of-stake concept versus the proof-of-work used at popular cryptocurrencies such as Bitcoin or Ethereum. Cardano was created by Ethereum co-creator, Charles Hoskinson. In August of 2021, Hoskinson announced the Alonzo hard fork, which would enable the coding of smart contracts on the Cardano blockchain. This helped to push the cryptocurrency up to a fresh all-time-high.
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