{"id":16480,"date":"2023-06-25T12:39:26","date_gmt":"2023-06-25T00:39:26","guid":{"rendered":"https:\/\/cryptocurrency.org.nz\/?p=16480"},"modified":"2024-01-21T10:23:18","modified_gmt":"2024-01-20T21:23:18","slug":"what-is-cardano-nz","status":"publish","type":"post","link":"https:\/\/cryptocurrency.org.nz\/get-started\/what-is-cardano-nz\/","title":{"rendered":"What is Cardano NZ &#8211; New Zealand&#8217;s Crypto Guide (2024)"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"16480\" class=\"elementor elementor-16480\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5bd6617 e-flex e-con-boxed e-con e-parent\" data-id=\"5bd6617\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f33495a elementor-widget elementor-widget-text-editor\" data-id=\"f33495a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Cardano (Ada) is often recognized as a prominent cryptocurrency. It has emerged as one of the most dynamic altcoins following <a href=\"https:\/\/cryptocurrency.org.nz\/get-started\/what-is-ethereum-nz\/\">Ethereum (ETH)<\/a> and <a href=\"https:\/\/cryptocurrency.org.nz\/get-started\/what-is-binance-coin-nz\/\">Binance Coin (BNB).<\/a><\/span><\/p><p><span style=\"color: #000000;\">This guide will provide you with a comprehensive understanding of Cardano&#8217;s fundamentals, delving into its background and distinctive attributes, such as its utilization of the proof-of-stake consensus mechanism and its focus on scientific research.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f62cd3e e-flex e-con-boxed e-con e-parent\" data-id=\"f62cd3e\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e1d3493 elementor-widget elementor-widget-text-editor\" data-id=\"e1d3493\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"text-align: center;\"><span style=\"color: #000000;\"><strong>Related Guides:<\/strong><\/span><\/p><p style=\"text-align: center;\"><strong><a href=\"https:\/\/cryptocurrency.org.nz\/buy-cryptocurrency-nz\/\">How to Buy Cryptocurrency in NZ \u2013 Step-by-Step Guide (2023)<\/a><\/strong><\/p><p style=\"text-align: center;\"><strong><a href=\"https:\/\/cryptocurrency.org.nz\/buy-cryptocurrency-nz\/buy-cardano-nz\/\">How to Buy Cardano NZ \u2013 New Zealand\u2019s Crypto Guide (2023)<\/a><\/strong><\/p><p style=\"text-align: center;\"><strong><a href=\"https:\/\/cryptocurrency.org.nz\/wallets\/\">Cryptocurrency Wallets NZ \u2013 New Zealand\u2019s Crypto Guide (2023)<\/a><\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-23e48ab e-flex e-con-boxed e-con e-parent\" data-id=\"23e48ab\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f5521cf elementor-widget elementor-widget-heading\" data-id=\"f5521cf\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is Cardano (ADA) in NZ? <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0c4bfdb elementor-widget elementor-widget-text-editor\" data-id=\"0c4bfdb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Cardano stands as a proof-of-stake blockchain platform, distinguished as the first to be established on extensively reviewed research and constructed through evidence-based approaches. Additionally, it embraces a fully open-source nature, signifying that the software&#8217;s original source code is freely accessible and can be modified.\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b4a9549 e-flex e-con-boxed e-con e-parent\" data-id=\"b4a9549\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-13e21f5 elementor-widget elementor-widget-heading\" data-id=\"13e21f5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">History of Cardano <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f7e66aa elementor-widget elementor-widget-text-editor\" data-id=\"f7e66aa\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Cardano boasts a fascinating journey within the realm of blockchain technology. Charles Hoskinson, one of Ethereum&#8217;s co-founders, established Cardano in 2015 with the objective of overcoming the limitations prevalent in existing cryptocurrencies.<\/span><\/p><p><span style=\"color: #000000;\">The project embarked on its initial phase, known as the Byron era, where the foundation of Cardano was laid. In September 2017, the Cardano mainnet was launched, accompanied by the introduction of its native token ADA. This marked a significant milestone.<\/span><\/p><p><span style=\"color: #000000;\">The subsequent era, called Shelley, commenced in 2020 and focused on decentralizing the network. Through the implementation of the Ouroboros proof-of-stake consensus algorithm, ADA holders gained the opportunity to participate in block validation and earn rewards through staking their Ada in <a href=\"https:\/\/cryptocurrency.org.nz\/wallets\/\">cryptocurrency wallets<\/a> such as <a href=\"https:\/\/cryptocurrency.org.nz\/wallets\/exodus-wallet-nz\/\">Exodus<\/a>.\u00a0\u00a0<\/span><\/p><p><span style=\"color: #000000;\">Following Shelley, the Goguen era emerged, aiming to facilitate the execution of smart contracts and the development of\u00a0<\/span><a href=\"https:\/\/cryptocurrency.org.nz\/decentralized-finance-nz\/\" target=\"_blank\" rel=\"noopener\">decentralized applications (dApps)<\/a><span style=\"color: #000000;\">\u00a0on the platform.<\/span><\/p><p><span style=\"color: #000000;\">Looking ahead, Cardano has envisioned the Basho and Voltaire eras. The Basho era will prioritize scalability, introducing features like sidechains to enhance the network&#8217;s capabilities. Simultaneously, the Voltaire era will emphasize decentralized governance, enabling stakeholders to engage in decision-making processes.\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4b2747d e-flex e-con-boxed e-con e-parent\" data-id=\"4b2747d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d602a59 elementor-widget elementor-widget-heading\" data-id=\"d602a59\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How Does Cardano (ADA) Work? <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ae5569a e-flex e-con-boxed e-con e-parent\" data-id=\"ae5569a\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6ff9626 elementor-widget elementor-widget-heading\" data-id=\"6ff9626\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">The Ouroboros Consensus Protocol <\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-990026b elementor-widget elementor-widget-text-editor\" data-id=\"990026b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">The Ouroboros Consensus protocol serves as Cardano&#8217;s Proof-of-Stake (PoS) consensus mechanism, ensuring the security of the Cardano blockchain. Similar to other PoS protocols, Ouroboros decentralizes the responsibility of securing the blockchain.\u00a0<\/span><\/p><p><span style=\"color: #000000;\">In this context, node operators also function as staking pools, enabling ADA holders in New Zealand to participate in securing the blockchain by staking their ADA.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a4feb4d e-flex e-con-boxed e-con e-parent\" data-id=\"a4feb4d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6ae4f33 elementor-widget elementor-widget-heading\" data-id=\"6ae4f33\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Staking ADA<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2a81c9c elementor-widget elementor-widget-text-editor\" data-id=\"2a81c9c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">As mentioned above, individuals in NZ can stake Cardano&#8217;s native cryptocurrency, ADA, to contribute to the security of the Cardano blockchain. ADA holders have the option to either delegate their stake to a stake pool or set up their own, given they have the necessary infrastructure and a reliable internet connection.<\/span><\/p><p><span style=\"color: #000000;\">To simplify the process of earning rewards, <a href=\"https:\/\/cryptocurrency.org.nz\/\">Cryptocurrency NZ<\/a> recommend using <a href=\"https:\/\/cryptocurrency.org.nz\/wallets\/exodus-wallet-nz\/\">Exodus<\/a> which are accessible to ADA holders in New Zealand. These wallets provide a convenient way to participate in staking and maximize the potential benefits of holding ADA.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0fe9170 e-flex e-con-boxed e-con e-parent\" data-id=\"0fe9170\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5aafb58 elementor-widget elementor-widget-heading\" data-id=\"5aafb58\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Recommended Cryptocurrency Wallets <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-721745a e-flex e-con-boxed e-con e-parent\" data-id=\"721745a\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6a00b3e elementor-widget elementor-widget-text-editor\" data-id=\"6a00b3e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e25502c elementor-widget elementor-widget-text-editor\" data-id=\"e25502c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\"><div class=\"elementor-widget-container\"><div class=\"elementor-text-editor elementor-clearfix\"><p style=\"text-align: center;\"><span style=\"color: #000000;\"><em>\u2b50Cryptocurrency NZ Recommendation \ud83c\udfc6<\/em><\/span><\/p><\/div><\/div><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0d68aa0 e-con-full e-flex e-con e-parent\" data-id=\"0d68aa0\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-623ec51 e-con-full e-flex e-con e-child\" data-id=\"623ec51\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-57ba6e7 elementor-widget elementor-widget-heading\" data-id=\"57ba6e7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Exodus<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7078808 elementor-widget elementor-widget-image\" data-id=\"7078808\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"227\" height=\"230\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/04\/logo.svg\" class=\"attachment-large size-large wp-image-13356\" alt=\"Exodus NZ\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b26deb2 e-con-full e-flex e-con e-child\" data-id=\"b26deb2\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6e75715 elementor-widget elementor-widget-text-editor\" data-id=\"6e75715\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><a href=\"https:\/\/cryptocurrency.org.nz\/wallets\/exodus-wallet-nz\/\">Exodus Wallet<\/a> is a popular crypto wallet that provides a user-friendly interface and supports a wide range of digital assets. It is available for users in New Zealand and offers a convenient way to store, manage, and exchange cryptocurrencies.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ff509cf e-con-full e-flex e-con e-parent\" data-id=\"ff509cf\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-ef574a3 e-con-full e-flex e-con e-child\" data-id=\"ef574a3\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-99ced51 elementor-widget elementor-widget-heading\" data-id=\"99ced51\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Daedalus<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-917afdc elementor-widget elementor-widget-image\" data-id=\"917afdc\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1000\" height=\"780\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/06\/Daedalus-Wallet-NZ.png\" class=\"attachment-large size-large wp-image-16596\" alt=\"Daedalus Wallet NZ\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/06\/Daedalus-Wallet-NZ.png 1000w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/06\/Daedalus-Wallet-NZ-300x234.png 300w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/06\/Daedalus-Wallet-NZ-768x599.png 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f74a09f e-con-full e-flex e-con e-child\" data-id=\"f74a09f\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-aa2f7f9 elementor-widget elementor-widget-text-editor\" data-id=\"aa2f7f9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><a href=\"https:\/\/daedaluswallet.io\/\" target=\"_blank\" rel=\"noopener\">Daedalus<\/a> is a wallet that operates on an open-source framework. It functions as a full-node wallet, prioritizing security as its primary advantage. However, due to its nature as a full-node wallet, you have to download the entire blockchain.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5a98847 e-con-full e-flex e-con e-parent\" data-id=\"5a98847\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-3d686f5 e-con-full e-flex e-con e-child\" data-id=\"3d686f5\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-92374be elementor-widget elementor-widget-heading\" data-id=\"92374be\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Ledger<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-535631f elementor-widget elementor-widget-image\" data-id=\"535631f\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/07\/Ledger-Wallet-NZ-icon-1024x1024.png\" class=\"attachment-large size-large wp-image-7529\" alt=\"\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/07\/Ledger-Wallet-NZ-icon-1024x1024.png 1024w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/07\/Ledger-Wallet-NZ-icon-300x300.png 300w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/07\/Ledger-Wallet-NZ-icon-150x150.png 150w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/07\/Ledger-Wallet-NZ-icon-768x768.png 768w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2021\/07\/Ledger-Wallet-NZ-icon.png 1132w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-80be608 e-con-full e-flex e-con e-child\" data-id=\"80be608\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-01dfa7a elementor-widget elementor-widget-text-editor\" data-id=\"01dfa7a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><a href=\"https:\/\/cryptocurrency.org.nz\/wallets\/ledger-hardware-wallet-nz\/\">Ledger Wallet<\/a> <span style=\"color: #000000;\">is a hardware wallet designed to provide a secure and offline storage solution for cryptocurrencies. It is available for users in New Zealand and offers enhanced security measures to protect digital assets.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e9ff867 e-flex e-con-boxed e-con e-parent\" data-id=\"e9ff867\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-24d35e6 elementor-widget elementor-widget-heading\" data-id=\"24d35e6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Private Keys and Public Keys <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1a8e03a elementor-widget elementor-widget-text-editor\" data-id=\"1a8e03a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Acting as your digital identity and signature, every <a href=\"https:\/\/cryptocurrency.org.nz\/wallets\/\">cryptocurrency wallet<\/a> is distinct by having its own unique public and private key \u2013 with each unique key pair being freshly generated whenever a new cryptocurrency wallet is created.<\/span><\/p><ul><li><span style=\"color: #000000;\"><span style=\"color: #000000;\"><strong>Private Key:<\/strong> Private keys is the password to your crypto bank account, and it\u2019s required to sign off outbound transactions from your wallet. <span style=\"text-decoration: underline;\"><strong>Never share your private key<\/strong><\/span> with anyone, and the security of your wallet rides on how safely you store your private key.<br \/><br \/><\/span><\/span><\/li><li><span style=\"color: #000000;\"><strong>Public Key:<\/strong> Cardano public keys are like your crypto bank account number \u2013 an address others can use to send you Cardano. You can safely send your public key to anyone, knowing they can\u2019t change or open your wallet and take your Cardano.<\/span><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ac5b71d e-flex e-con-boxed e-con e-parent\" data-id=\"ac5b71d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-28d6d29 elementor-widget elementor-widget-image\" data-id=\"28d6d29\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"634\" height=\"299\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2022\/02\/Get-help-with-crypto.png\" class=\"attachment-large size-large wp-image-9205\" alt=\"Bitcoin NZ\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2022\/02\/Get-help-with-crypto.png 634w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2022\/02\/Get-help-with-crypto-300x141.png 300w\" sizes=\"(max-width: 634px) 100vw, 634px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-45c93fa elementor-widget elementor-widget-heading\" data-id=\"45c93fa\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Cardano Communities in New Zealand <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6ae1a10 elementor-widget elementor-widget-text-editor\" data-id=\"6ae1a10\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">New Zealand boasts a thriving community of Cardano and crypto enthusiasts, many of whom gather on popular social platforms like Facebook, Telegram, Reddit and Discord.<\/span><\/p><p><span style=\"color: #000000;\">These online communities are an excellent source of information for locals.\u00a0<\/span><\/p><p><span style=\"color: #000000;\">Check out our comprehensive list of Cardano and Crypto communities in New Zealand:<\/span><\/p><ul><li><a href=\"https:\/\/www.facebook.com\/groups\/nzcryptocommunity\" target=\"_blank\" rel=\"noopener\">Cryptocurrency NZ Facebook Group<\/a>\u00a0\u2013\u00a0<span style=\"color: #000000;\"><em>(Highly recommend)\u00a0<\/em><\/span><\/li><li><a href=\"https:\/\/cryptocurrency.org.nz\/meetups\/\">Cryptocurrency NZ Monthly Meetups<\/a><em>\u00a0\u2013 <span style=\"color: #000000;\">(Last Wednesday of every month)<\/span>\u00a0<\/em><\/li><li><a href=\"https:\/\/discord.gg\/6KDCad6JbM\" target=\"_blank\" rel=\"noopener\">Cryptocurrency NZ Discord Group<\/a>\u00a0<\/li><li><a href=\"https:\/\/cryptocurrency.org.nz\/marketplace\/\">NZ P2P Crypto Marketplace<\/a><i>\u00a0\u2013<span style=\"color: #000000;\"> (NZ\u2019s Largest Cryptocurrency P2P marketplace)<\/span>\u00a0\u00a0<\/i><\/li><\/ul><div>\u00a0<\/div><p><span style=\"color: #000000;\">Have a community for us to list? Please\u00a0<\/span><a href=\"https:\/\/cryptocurrency.org.nz\/contact-us\/\">reach out to us!<\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-76c127a e-flex e-con-boxed e-con e-parent\" data-id=\"76c127a\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-88d3c90 elementor-widget elementor-widget-heading\" data-id=\"88d3c90\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How to Buy Cardano in NZ <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e77bb52 elementor-widget elementor-widget-text-editor\" data-id=\"e77bb52\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">To <a href=\"https:\/\/cryptocurrency.org.nz\/buy-cryptocurrency-nz\/buy-cardano-nz\/\">buy Cardano<\/a> or any other cryptocurrency in New Zealand, you can use one of the NZ Crypto platforms listed below. You can buy ADA in minutes depending on the platform. <\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-91d822a e-flex e-con-boxed e-con e-parent\" data-id=\"91d822a\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-d75d95b e-con-full e-flex e-con e-child\" data-id=\"d75d95b\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f1efd36 elementor-widget elementor-widget-heading\" data-id=\"f1efd36\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Easy Crypto NZ<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6045b48 elementor-widget elementor-widget-text-editor\" data-id=\"6045b48\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><a href=\"https:\/\/cryptocurrency.org.nz\/easycrypto-nz-review\/\"><b>Easy Crypto NZ <\/b><\/a>is New Zealand\u2019s most popular cryptocurrency retailer, making it safe, fast, and easy for Kiwis to buy and sell over 110+ cryptocurrencies in minutes \u2013 including Bitcoin, Ethereum, and XRP.<\/p>\n<p><i>\u2b50Cryptocurrency NZ Recommendation<\/i>\u00a0<img decoding=\"async\" class=\"emoji\" role=\"img\" draggable=\"false\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/13.0.0\/svg\/1f3c6.svg\" alt=\"\ud83c\udfc6\" \/><\/p>\n<p><b>Website:<\/b> <a href=\"https:\/\/easycrypto.ai\/?ref=29640\" target=\"_blank\" rel=\"nofollow noopener\">www.easycrypto.ai\/nz<\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-973e740 e-con-full e-flex e-con e-child\" data-id=\"973e740\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2fdcc9b elementor-widget elementor-widget-image\" data-id=\"2fdcc9b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/easycrypto.ai\/?ref=29640\" target=\"_blank\" rel=\"nofollow noopener\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"471\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2022\/03\/Buy-Bitcoin-Cryptocurrency-Easy-Crypto-NZ-1024x471.png\" class=\"attachment-large size-large wp-image-9623\" alt=\"Buy Bitcoin Cryptocurrency Easy Crypto NZ\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2022\/03\/Buy-Bitcoin-Cryptocurrency-Easy-Crypto-NZ-1024x471.png 1024w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2022\/03\/Buy-Bitcoin-Cryptocurrency-Easy-Crypto-NZ-300x138.png 300w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2022\/03\/Buy-Bitcoin-Cryptocurrency-Easy-Crypto-NZ-768x353.png 768w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2022\/03\/Buy-Bitcoin-Cryptocurrency-Easy-Crypto-NZ-1536x706.png 1536w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2022\/03\/Buy-Bitcoin-Cryptocurrency-Easy-Crypto-NZ.png 1762w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-bc2106e e-flex e-con-boxed e-con e-parent\" data-id=\"bc2106e\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-eff8bf5 e-con-full e-flex e-con e-child\" data-id=\"eff8bf5\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-541ca80 elementor-widget elementor-widget-heading\" data-id=\"541ca80\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Binance NZ <\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9510dc5 elementor-widget elementor-widget-text-editor\" data-id=\"9510dc5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><b><a href=\"https:\/\/cryptocurrency.org.nz\/binance-nz-review\/\">Binance<\/a>\u00a0<\/b>is the world&#8217;s largest cryptocurrency exchange, the most popular choice Kiwis have for dedicated crypto trading. Binance offers over 1400 trading pairs, allowing Kiwis to access and trade many different coins.\u00a0<br \/><i style=\"font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); background-color: var(--nv-site-bg); letter-spacing: 0px;\"><br \/><\/i>\u2b50Cryptocurrency NZ Recommendation\u00a0<img decoding=\"async\" class=\"emoji\" style=\"font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); letter-spacing: 0px;\" role=\"img\" draggable=\"false\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/13.0.0\/svg\/1f3c6.svg\" alt=\"\ud83c\udfc6\" \/><\/p><p><b>Website:<\/b>\u00a0<a href=\"https:\/\/accounts.binance.info\/register?ref=392657171\" target=\"_blank\" rel=\"noopener\">www.binance.com\/nz<\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1a515db e-con-full e-flex e-con e-child\" data-id=\"1a515db\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0630211 elementor-widget elementor-widget-image\" data-id=\"0630211\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/accounts.binance.info\/register?ref=392657171\" target=\"_blank\" rel=\"nofollow noopener\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"556\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/04\/Binance-NZ-Buy-Crypto-1024x556.png\" class=\"attachment-large size-large wp-image-13128\" alt=\"Binance NZ Buy Crypto\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/04\/Binance-NZ-Buy-Crypto-1024x556.png 1024w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/04\/Binance-NZ-Buy-Crypto-300x163.png 300w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/04\/Binance-NZ-Buy-Crypto-768x417.png 768w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/04\/Binance-NZ-Buy-Crypto.png 1533w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-aefd29d e-flex e-con-boxed e-con e-parent\" data-id=\"aefd29d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f0ec46c elementor-widget elementor-widget-image\" data-id=\"f0ec46c\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"589\" height=\"586\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/07\/CNZ-Favicon-Maker.png\" class=\"attachment-large size-large wp-image-17010\" alt=\"Cryptocurrency NZ Logo\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/07\/CNZ-Favicon-Maker.png 589w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/07\/CNZ-Favicon-Maker-300x298.png 300w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/07\/CNZ-Favicon-Maker-150x150.png 150w\" sizes=\"(max-width: 589px) 100vw, 589px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1b7a4a5 elementor-widget elementor-widget-heading\" data-id=\"1b7a4a5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Is Cardano a Good Investment in NZ?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-41eaede elementor-widget elementor-widget-text-editor\" data-id=\"41eaede\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">At <a href=\"https:\/\/cryptocurrency.org.nz\/\">C<\/a><a href=\"https:\/\/cryptocurrency.org.nz\/\">NZ<\/a>, we recognize Cardano&#8217;s distinctive value proposition, setting it apart from other cryptocurrencies. Cardano is renowned for its focus on advanced blockchain technology.<\/span><\/p><p><span style=\"color: #000000;\">Cardano&#8217;s network offers New Zealanders a high level of security and resistance to censorship. Similar to <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/cryptocurrency.org.nz\/get-started\/what-is-bitcoin-nz\/\">Bitcoin<\/a><\/span>, Cardano operates on a<span style=\"color: #0000ff;\"> <a style=\"color: #0000ff;\" href=\"https:\/\/cryptocurrency.org.nz\/guides\/peer-to-peer-trading-nz\/\">decentralized peer-to-peer network<\/a><\/span> that remains independent of any central authority or government control.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Cardano is a blockchain platform known for its scientific approach, scalability, and decentralized governance. Powered by the ADA cryptocurrency, Cardano aims to provide secure and sustainable solutions.<\/p>\n","protected":false},"author":7,"featured_media":16518,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[92],"tags":[],"_links":{"self":[{"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/posts\/16480"}],"collection":[{"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/comments?post=16480"}],"version-history":[{"count":60,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/posts\/16480\/revisions"}],"predecessor-version":[{"id":22787,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/posts\/16480\/revisions\/22787"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/media\/16518"}],"wp:attachment":[{"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/media?parent=16480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/categories?post=16480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/tags?post=16480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}