Founded in 2015 by Charles Hoskinson, previously co-founder of Ethereum, Cardano is an L1 Proof-of-Stake blockchain designed to be environmentally sustainable and scalable.
The network’s native coin, $ADA, is used to pay transactions and secure the network, hence playing a key role in the network’s consensus mechanism called Ouroboros.
Let’s now delve into what are the features of one of the most capitalized crypto projects on the market.
Cardano: features and operation
The initial idea behind the development of Cardano was to go and develop a so-called “third-generation” blockchain, which could go and provide developers with a highly scalable and energy-efficient open-source smart contract platform.
One of the features that differentiates Cardano from other PoS blockchains is the design of its native consensus mechanism, Ouroboros, which focuses on maximizing the randomness of the choice of the block leader, i.e., the validator nodes in charge of proposing new blocks on t
We współpracy z: https://en.cryptonomist.ch/2023/05/01/cardano-sustainable-blockchain/
