Cardano (ADA) is a third-generation blockchain platform focusing on sustainability, scalability, and interoperability. It aims to provide a secure foundation for decentralized applications and smart contracts. With a research-driven approach, Cardano seeks to bring robust and inclusive financial systems to the world.
History of Cardano (ADA)
Founded by Charles Hoskinson in 2015, prioritizes scientific research and a peer-reviewed approach to blockchain. Launched in 2017, Cardano focuses on sustainability, scalability, and interoperability in its mission to create inclusive financial systems.
Ouroboros Protocol
Cardano uses the Ouroboros consensus algorithm, a proof-of-stake protocol designed for scalability and security.
Treasury System
Cardano incorporates a treasury system, allowing ADA holders to propose and vote on network upgrades.
DApps
Cardano aims to foster a diverse ecosystem of decentralized applications (DApps) as part of its commitment to providing a secure and scalable platform. Ongoing developments include features to enhance DApp functionality and user experience on the Cardano network.
Development
Cardano follows a research-driven approach with a focus on scientific principles. Ongoing developments include the implementation of smart contracts, making the platform more versatile for developers and users.