About Cardano

What Is Cardano?

Cardano (ADA) is a third-generation blockchain focused on research, sustainability, and global use cases.

Launched in 2017 by Charles Hoskinson, one of Ethereum’s co-founders, Cardano was built to solve problems that earlier blockchains faced — like high fees, slow speeds, and lack of scalability.

Cardano aims to bring reliable blockchain technology to everyone, especially in places where banking and identity services are limited.

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 How It Works

Proof-of-Stake (Ouroboros): Cardano uses an energy-efficient consensus system called Ouroboros, where ADA holders can “stake” their coins to help secure the network and earn rewards.

Smart Contracts: Since 2021, Cardano has supported programmable contracts, allowing developers to create DeFi apps, NFT platforms, and other blockchain projects.

Layers of Design: Cardano separates its network into two main layers — one for transactions (CSL) and one for smart contracts (CCL). This makes it easier to upgrade and scale over time.

Every part of Cardano’s technology is peer-reviewed by scientists and academics, setting it apart from faster-moving, less-tested chains.

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 ADA — The Native Token

The ADA token is named after Ada Lovelace, a 19th-century mathematician often considered the first computer programmer.

ADA is used for transaction fees, staking, governance, and participation in Cardano’s growing ecosystem of DeFi, NFT, and identity-based apps.

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Why It Matters

Cardano has positioned itself as the blockchain for long-term sustainability — balancing innovation with security and community trust.

It’s known for its academic roots, environmentally friendly design, and partnerships in education, agriculture, and finance — especially in developing countries.

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 In a Nutshell

> Cardano is a scientifically built blockchain that combines smart contracts, low energy use, and long-term vision.

It’s designed to make blockchain technology practical, secure, and accessible for everyone — not just crypto insiders.