In 2015, the Cardano (ADA) development team launched the Cardano blockchain mainnet project, currently ranking 4th in the global market value and known as the third-generation blockchain. With the PoS consensus design, it can improve the commercial application of blockchain. Cardano uses the ERC20 converter to support ERC20 currency projects and DeFi projects on Ethereum, and it plans to use cross-chain technology to connect different blockchain mainnets through tokens.
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