Convert
Israeli New Shekel (ILS) to Cardano (ADA) Instantly
Purchase Cardano (ADA) with Israeli New Shekel (ILS) easily at Switchere and benefit from fast, secure transactions.
About
Cardano (ADA)
Cardano (ADA) is a third-generation blockchain platform focused on creating a secure, scalable, and sustainable ecosystem for decentralized applications (dApps) and smart contracts. Built using a research-driven approach and peer-reviewed scientific principles, Cardano distinguishes itself with its dual-layer architecture, where the Cardano Settlement Layer (CSL) handles transactions with ADA, its native cryptocurrency, while the Cardano Computation Layer (CCL) powers smart contracts and dApp functionalities. This separation enhances both security and scalability, allowing ADA to support complex applications without compromising transaction efficiency. Cardano's unique proof-of-stake consensus mechanism, Ouroboros, reduces energy consumption compared to proof-of-work blockchains, making ADA an environmentally sustainable choice. The Cardano ecosystem is dynamic, with projects spanning DeFi, NFTs, and governance protocols, and is actively developed by a committed community led by Input Output Global (IOG), Cardano Foundation, and Emurgo.
How to Buy Cardano (ADA)
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Frequently asked questions
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What are Cardano-native assets?
Cardano-native assets are tokens issued directly on the Cardano blockchain without needing smart contracts, making them more efficient and cost-effective to create and transact. -
How does governance work on Cardano?
Cardano uses a decentralized governance model called Voltaire, where ADA holders can vote on network proposals, guiding the direction of the Cardano network. -
What is the role of ADA in governance?
ADA holders can use their tokens to vote on improvement proposals, helping determine Cardano’s roadmap and network upgrades. -
What is Project Catalyst, and how does it support Cardano’s governance?
Project Catalyst is Cardano’s decentralized funding mechanism, allowing the community to propose and vote on projects, fostering innovation and ecosystem growth. -
Can I store ADA in a multi-asset wallet?
Yes, ADA is supported by multi-asset wallets like Exodus, Atomic Wallet, and Guarda, allowing users to manage ADA alongside other cryptocurrencies.
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