Cardano (ADA)

  • 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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