Is ADA a ETH token right now, or it this already on its own blockchain?


#1

Apologize for the basic question.

If this is an ETH coin, then I suppose I can send this to my Exodus wallet’s ETH address, correct ? I just want to be sure.

If it is the original coin, then I will be using the official wallet provided by ADA. Thanks.


#2

No need to apologize. But no ADA isnt an ERC20 token. It has its own blockchain. So called 3th generations blockchain.


#3

So what if I have sent them to a MY Ether Wallet address, can they be recovered or not…?


#4

I suppose if you sent it to an ETH address I’d like to congratulate you for being one of, if not the first person/people to burn ADA and cause deflation :wink: But yes sadly it shouldn’t be possible to get them back as I can’t really imagine how it would be recoverable. I’m sorry to hear that you lost your ada.


#5

My Ether Wallet is only accepted ERC20 token / Etherum smart contract. You should not do that, Cardano has it’s own cryptocurrency which is ADA, and also the wallet is beautiful called Daedalus. Check & download at https://daedaluswallet.io/


#6

Hi Robert,

I’m sorry to say that I haven’t been the first to burn ADA, the exchange (Coinspot) have cancelled the transaction and the coins have been returned.

I can assure you that it won;t happen again…

Thanks for your help…