Cryptocurrencies currently face a number of challenges, including scalability, energy consumption, and the ability to interact with regular money.
Cardano calls itself a third-generation public blockchain. Its community is working to solve these problems and to improve on its predecessors, such as Bitcoin and Ethereum.
As of May 2021, Cardano is the fifth-biggest cryptocurrency by market capitalization.
What is Cardano?
You’ve heard of first and second generation cryptocurrencies Bitcoin and Ethereum, right? Cardano calls itself the „first third generation cryptocurrency.” Like Ethereum, it aims to be a platform on which people can create smart contracts.
Cardano is an open platform that seeks to provide economic identity to the billions who lack it by providing decentralized applications to manage identity, value and governance
— Charles Hoskinson (@IOHK_Charles) August 2, 2020
It was created by a team led by Charles Hoskinson, in a bid to create a „more balanced and sustainable
Źródło: https://decrypt.co/5703/cardano
