Cardano is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference. It was developed by a team of experienced technologists and researchers, and it uses a proof of stake (PoS) consensus algorithm to validate transactions on the network.
As a developer, you can use Cardano to build a wide range of dApps (decentralized applications), from simple programs that allow users to send and receive the native cryptocurrency of the Cardano network (ADA) to complex dapps that can be used to build decentralized financial systems, supply chain management systems, voting systems, and much more.
To work with Cardano, you will need to be familiar with the Plutus programming language, which is the most commonly used language for writing smart contracts on the Cardano platform. You will also need to have a good understanding of blockchain technology and the underlying principles of cryptography.
Overall, Cardano is a powerful and versatile platform that offers many opportunities for developers. Whether you are interested in building financial applications, creating new tools for the Cardano network, or developing dapps, there are many ways that you can use Cardano to innovate and create value.
Founder: Charles Hoskinson
Launched On: 2017-08-07
Cardano Computational Layer (CCL)
Proof of stake
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