![]() “ Cardano also plans to significantly improve its transaction speed to more than 1 million TPS with the upcoming Hydra scaling solution, further increasing its potential real-world utility.“ … it’s also pretty convenient to stake on Cardano because there’s no lock-up period, and you can manage your assets directly through your own wallet.“.“ Cardano’s DeFi ecosystem is also rapidly expanding, bringing the vast options of decentralized finance to new audiences, thanks to its minimal gas fees.“.“ Although Cardano is not known for featuring NFTs, it is still clocking huge volumes, and could be a space to watch in future.“.The list of tokens supported by Ledger includes World Mobile Token (WMT), ADAX (ADAX) and several others. A month later, support for 100 more Cardano-based tokens was added by Ledger Live. “ … the energy consumed by Cardano is 99% less than the majority of other blockchains, making it a good option for long-term sustainability.“ In June 2022, Ledger Live announced support for Cardano, allowing users to send, receive, buy and manage ADA directly. ![]() “ Cardano uses a unique proof-of-stake consensus protocol called Ouroboros to secure its network, special because it’s the first provably secure, academically-reviewed consensus protocol. Using this consensus mechanism gives Cardano a number of advantages over other blockchains.“.What makes this guide interesting is how much praise it has for Cardano and its $ADA token. On June 16, Ledger Academy published a guide titled “ What Is Cardano” for beginners. Support for $ADA on the Ledger Live desktop app means that “you can not only secure your private keys offline as you interact, but also manage, send and receive your tokens seamlessly on your Ledger Live interface.” It allows buying $ADA tokens directly via Ledger’s API partner, MoonPay, and have them be sent “straight to your Ledger Nano.” That’s right – it’s You can now send, receive & buy your ADA directly with Ledger Live! □ It's probably been on your rADAr for a while, so we thought we'd ADApt & add something special to Ledger Live. Cardano is a public blockchain platform that was initiated in 2015, with its development led by Charles Hoskinson, co-founder of Ethereum.
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