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What is Cardano?

Cardano is an open source decentralized blockchain platform on which smart contracts can run. It has its own programming language called Haskell. The Cardano network is primarily used for document and product verification purposes. So buying Cardano contributes to a more stable and reliable network. The platform is named after Gerolamo Cardano, an Italian physician and professor at the University of Pavia and Bologna. He was an avid mathematician and dabbler and wrote on numerous subjects, including philosophy, astrology, physics and law. Ada is the cryptocurrency of the Cardano network. The token is named after Ada Lovelace, the daughter of lord Byron, who was a mathematician and is recognized as the first computer programmer. Lovelace is known for her description of the analytical machine, Charles Babbage's general-purpose mechanical computer.

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The history of Cardano

Charles Hoskinson, one of the founders of Ethereum, began developing this platform in 2015. It was launched in 2017. IOHK (Input Output Hong Kong) is the company behind Cardano, among others, which Hoskinson co-founded with Jeremy Wood, who also worked for Ethereum. This company focuses on products as diverse as Daedalus wallet, Atala, Marlowe language and Plutus smart contracts. All of these products were developed for the Cardano network. The Cardano Foundation oversees the Cardano brand. This foundation promotes the visibility of the protocol around the world, promotes use cases and maintains relationships with key players such as academics, policymakers and regulators. Emurgo is their technology partner, developing commercial adoption of the Cardano protocol and helping companies integrate into Cardano's blockchain. Together, these companies have been building Cardano's adaptation, development and acceptance on the global stage for years.

Cardano is being built in five phases of their roadmap, namely:

  1. Founding (Byron era)

  2. Decentralization (Shelly era)

  3. Smart Contracts (Goguen era)

  4. Scaling (Basho era)

  5. Governance (Voltaire era)

What does Cardano want to achieve?


"If we work together we can achieve more for many." Cardano was built by a decentralized community of scientists, makers and thinkers united for a common goal: to create a technology platform that will bring positive change that the world needs. "We don't believe that the future should be determined by the past,". Through technology, more should be possible. "We measure the value of a task not by its difficulty, but by its results." Every holder of ADA also has a stake in the Cardano network. Over time, ADA will be usable for all kinds of applications and services on the Cardano platform.


To build a platform for a sustainable future, help people work better together, trust each other and build global solutions to global problems. The destination of global society is to build a safe, transparent and fair society that works for everyone. Cardano provides the technological blueprint for this. Cardano began with the vision of a world without intermediaries, where power lies not with a small group but with the masses. In that world, individuals are in control of their data and how they communicate and act. Companies then have the ability to grow independently of monopolistic and bureaucratic power structures. In it, communities are able to pursue true democracy through self-governance, fair and accountable. This world is what Cardano makes possible.


Cardano delivers a new standard in technology that is open and inclusive to challenge the old and activate a new era of sustainable and globally distributed innovation. Cardano improves the way we interact, transact and create things and ultimately function as a global society. With Ouroboros as its consensus protocol and Haskell as its programming language, Cardano is a blockchain platform that enables evidence-based developments, enabling very high security and stability. By providing uncompromising evidence for all our goals, Cardano has succeeded in straightening a path less often trodden and enabling a better future for the masses.


Being a pioneer in technology starts with groundbreaking research. Cardano started and grew through research. Before they develop anything, they specify where they want to go and research that, including through peer reviews. As a result, they know the pitfalls. Their research team consists of academics who explore philosophy, sociology, behavior and game theory. Minutely they proceed to consider even the smallest possibilities, nothing is taken for granted to achieve their goal.


Cardano is providing the blueprint for a new era of innovation through their technology, models and methods for individuals and businesses to create new opportunities and effect change. Blockchain technology is the answer to a number of challenges inherited from finance, technology and society. Cardano provides more secure and scalable solutions on a global scale. Through their voting system, everyone gets to create new opportunities based on the desires of the masses, not the few. The best ideas will generally receive the most votes.

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The Vault is a safe alternative to the traditional crypto wallet for those who want to buy, sell and swap their coins on Anycoin Direct. Within the Vault you can store all your digital assets and swap them against one another. Still want to send crypto to an external wallet like your Ledger? No problem, the Vault is an additional feature. The choice is yours. 


Balances in the Anycoin Vault, are kept in a foundation. This foundation has only one purpose, to preserve our customer funds. This construction ensures that customers are entitled to compensation in the unlikely event of Anycoin Direct's bankruptcy. In addition, we want to reiterate that we always want to give customers a choice between using the Anycoin Vault and sending coins to an external wallet.

Extra information about Cardano (ADA)

How can I store Cardano?

The safest way to store Cardano is with a hardware wallet. However, if you are new to the world of crypto and want us to manage things for you, the Anycoin Vault is the easiest option for you. With Anycoin Direct, you don't have to worry: store Cardano securely in our Anycoin Vault.

Can I buy Cardano with iDEAL?

Yes, you can buy Cardano with iDEAL at Anycoin Direct. You can also pay with SEPA, Sofort, VISA, Mastercard and EPS.

Can I send Cardano to my own wallet?

Yes, while buying Cardano you can choose to send it to your own wallet. Alternatively, you can choose to be managed by us; we will then store your Cardano securely in the Anycoin Vault.

Is it safe to buy Cardano?

Yes, buying Cardano is safe with Anycoin Direct as we have advanced security techniques and are officially licensed by The Dutch Central Bank. Buy ADA safely with us with a wide range of payment options.

Is Cardano legal in the UK?

Yes, Cardano is legal in England. You don't have to worry about the legality of buying Cardano.

Can I buy Cardano anonymously at Anycoin Direct?

No, identification is mandatory for all our clients. We are required to conduct a thorough client due diligence. This is done using the Know Your Customer principle.

Can I do a business transaction with Anycoin Direct?

Yes, it is possible to make a business transaction through Anycoin Direct. While creating an account, you can choose a business account.

The mission and vision of Cardano

The slogan they always use says a lot about their vision and reads as follows:

"Making the world work better for all".

Their mission statement:

"Cardano is a blockchain platform for innovators, visionaries and world changers with the tools and technologies necessary to create opportunities for both the many and the few. We want to create a positive global change."

Cardano is a proof-of-stake blockchain platform developed using evidence-based methods. A pioneer technology that combines high security and tenability for decentralized applications, systems and communities. It aims to replace structures that do not have to delegate responsibility with the individual having a say. Cardano ADA brings trust back to global systems. Cardano is working with three companies to keep the goals in mind: Emurgo, IOHK and the Cardano Foundation. Cardano ADA is peer reviewed, that is, tested by employees of peer networks. Its goal is to be secure enough to protect the data of billions, scalable enough to manage global systems and robust enough to make a fundamental difference. Buying Cardano is safe, easy and fast.

Who is Charles Hoskinson?

Charles Hoskinson is an American entrepreneur who is a co-founder of Ethereum. He is also the co-founder of Input Output Hong Kong (IOHK) and of Cardano ADA. At the University of Colorado and Denver, he studied analytical number theory, a highly mathematical study of numbers and objects, after which he was introduced to the cryptographic industry. As one of Ethereum's 5 founders, he held the position of chief executive officer in 2013, but after a disagreement with Buterin over whether Ethereum should become commercial (Buterin didn't think so) he and his team threw Hoskinson out. In 2014, he and his former colleague at Ethereum, Jeremy Wood, founded IOHK. This company sponsored universities in Edinburgh and Tokyo to conduct research on blockchain technology, and out of this rolled Ouroboros, Cardano's consensus protocol. In 2015, Cardano was founded by Hoskinson, along with Jeremy Wood. By now, according to Forbes, he had nevertheless saved up about half a billion, so $20 million could be used to build the Hoskinson Center for Formal Mathematics for Carnegie Mellon University in 2021. He also bought himself a ranch and restaurant around Wheatland in 2022.

Cardano's Technical specifications

Ticker symbol: ADA
Founder(s): Charles Hoskinson
Date of Release: September 27, 2017
Consensus mechanism: Ouroboros Proof-of-Stake
Hashing Algorithm: Proof of Stake
Maximum supply: 45,000,000,000
Average Slot Time: 20 sec
Mining / Staking reward: 3.70%
Smart Contracts: Yes

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