Cardano , namely ADA, is a cryptocurrency which was developed in 2015 by the collaboration of three organizations: Cardano Foundation, Input Output Hong Kong and Emurgo. Cardano is an open source, decentralized blockchain as well as a platform for executing smart contracts. These features allow to create, deploy and maintain dApps. Cardano is the first blockchain platform to evolve from a research-based approach. The development team is made up of a large global collective of engineers, researchers and scientists across the world. Finally , Cardano is based on a proof-of-stake system with the Ouroboros Algorithm.
This data was last updated 2021-05-13 19:21:48 UTC