ADA
CARDANO
Cardano (ADA) is a proof-of-stake blockchain network designed to support decentralized applications (dApps) and smart contracts. What sets Cardano apart is its commitment to rigorous academic research and peer review, ensuring innovative solutions and technical robustness.
The recent Vasil hard fork aimed to enhance smart contract capabilities, increase throughput, and reduce costs. Cardano's unique Proof-of-Stake mechanism, Ouroboros, divides chains into epochs and time slots, allowing for theoretically infinite scalability and simultaneous transaction processing.
Founded by Charles Hoskinson in 2015 and launched in 2017, Cardano prioritizes decentralization, scalability, and security. With a focus on continuous improvement and development, Cardano aims to establish itself as a leading platform for building and deploying decentralized applications in a reliable and efficient manner.
