- Launched: 2017
- Creator: Charles Hoskinson (co-founder of Ethereum)
- Purpose: Cardano is a blockchain platform focused on creating a secure, scalable, and sustainable infrastructure for decentralized applications and smart contracts.
- Features:
- Proof of Stake (PoS): Unlike Bitcoin, which uses PoW, Cardano uses PoS for energy efficiency.
- Focus on Peer Review: Cardano’s development is peer-reviewed and research-driven.
- Use Cases: DeFi applications, smart contracts, and enterprise blockchain solutions.
- Status: Seen as one of the top blockchain projects, Cardano aims to provide a more sustainable and scalable alternative to Ethereum.
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