What Is Cardano and How Do Cardano Online Casinos Operate?
Cardano or “ADA” is a cryptocurrency created by Charles Hoskinson, one of the five co-founders of Ethereum. The cryptocurrency entered the global market in 2017, although ADA famously underwent years of research to ensure Cardano was as safe and future-proof as possible. It stands out for its eco-friendly Proof-of-Stake consensus, using far less energy than Bitcoin’s Proof-of-Work system. Its layered architecture separates transactions from smart contracts to provide flexibility.
Cardano is used like any other crypto payment method. Users must link a crypto wallet and select it for deposits or withdrawals. Although ADA is not as widespread as Bitcoin, it is accepted in some of the best online casinos across Europe, the UK, and internationally.