logo logo

WWCrypto provides analysis of the crypto market. In addition to tracking updates in the industry. WWCrypto provides the community with real time information and major events.

WWCrypto

Digital Membership

Get unlimited insight reports trusted by experts around the globe. Become a Member Today!

View pricing plans

London, UK (HQ)

[email protected]
ADVERTISEMENT

Question

Is cardano decentralized?


Answers (1)

avatar
Arsalan Afzal
Feb 15, 2022 12:17:37

There's a lot of debate on this topic, but to answer your question - yes, cardano is decentralized. In fact, it's considered to be one of the most decentralized cryptocurrencies in existence. This is because it uses a unique protocol called Ouroboros which allows for Proof of Stake voting instead of the more common Proof of Work protocol used by Bitcoin and many other cryptocurrencies.

Top Answer

Answer

You must be logged in to post a answer. Login