Çalakiya Danûstendinê ya Cardano ji Bitcoin derbas dike

Dîrok: 18.01.2024

Cardano (ADA) is a decentralized proof-of-stake (PoS) blockchain platform designed as an efficient alternative to proof-of-work (PoW) networks. Unlike energy-intensive PoW networks like Ethereum, Cardano offers scalability, lower energy usage, and reduced transaction costs.

Cardano (ADA): A Scalable and Energy-Efficient Blockchain Solution

Contents veşartin

1 Transaction Volumes and Fees

2 Cardano’s Key Advantages

3 How to Track Cardano Transactions

As of February 13th, 2022, Cardano recorded a transaction volume of $17.56 billion, outperforming both Bitcoin ($10.65 billion) and Ethereum ($5.77 billion), according to blockchain analytics firm Messari. Additionally, Cardano transactions are significantly less expensive than its competitors.

Transaction Volumes and Fees

On February 16th, 2022, Cardano’s transaction volume was $15.06 billion, while its 24-hour transaction costs were just $54,027, much lower compared to $25.87 million for Ethereum and $0.44 million for Bitcoin.

Messari data highlighted that Cardano’s increasing DeFi activities and the popularity of SundaeSwap—Cardano’s first decentralized exchange—have contributed to its transaction volume growth and public adoption.

Cardano’s Key Advantages

Cardano’s low transaction costs and high scalability are further enhanced by continuous updates and innovative features:

Plutus Platform: Introduced as part of the Alonzo upgrade, it provides a local smart contract language and essential tools for DApp developers.
Security and Resilience: Cardano effectively mitigates issues like transaction failures and denial-of-service (DOS) attacks, ensuring consistent performance.

Despite its operational strengths, Cardano’s ADA coin has yet to recover from the broader crypto market selloff. ADA remains significantly below its all-time high of $3.10, trading at $1.060 as of now.

How to Track Cardano Transactions

Cardano’s blockchain offers transparency and accessibility. The Cardano Block Explorer allows users to track transactions by searching for block data, transaction IDs (TXIDs), or wallet addresses. This tool provides details such as transaction status, amounts transferred, and block summaries, making it a valuable resource for traders and investors.

Tracking your Cardano transactions is straightforward:

Locate the transaction ID in your wallet or order summary.
Enter the transaction ID or wallet address into the search bar of the Cardano Block Explorer.
Verify the status and details of your transaction.

Cardano’s low costs, efficient scalability, and growing DeFi ecosystem make it an attractive blockchain for developers and investors alike.

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