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Cardano Ecosystem

Cexplorer

12/06/2023

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Understanding Cardano as a SC Platform

Cardano is a SC platform. What does it mean and how is it different from Bitcoin?

Understanding Cardano as a SC Platform

Cardano is a SC platform. What does it mean and how is it different from Bitcoin? Bitcoin is seen primarily as an immutable monetary system. 

Cardano is a social and financial operating system. Bitcoin is simple and deliberately rigid. Cardano is a complex technology that must evolve. This article will explain to newbies what more the SC platform allows people to do compared to Bitcoin. Basic Functions of Blockchain The basic function of blockchain is a monetary policy for minting coins according to fixed rules and the ability to transfer coins between users. 

Blockchain allows people to own and send coins without intermediaries. From the users' point of view, these functions are the same for most blockchains. The differences are in the number of coins, the rules for the minting Read article: Understanding Cardano as a SC Platform

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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