What is Cardano?
Cardano (ADA) is a decentralized open-source platform that uses blockchain technology. The Cardano network is focused on smart contracts that can be used for decentralized applications (DApps). DApps have the advantage over current internet applications that they are more privacy-friendly, reliable and secure. The coin belonging to the Cardano platform is the ADA and can be used for sending and receiving values within this network and on the corresponding DApps.