Cardano
Also known as ADA
decentralized, open-source blockchain network that can execute peer-to-peer transactions and serve as a platform for deploying smart contracts
Key facts
- Symbol
- ADA, ₳
- Code
- cardano-node
- 1 1 000 000
- Lovelace
- Original author s
- Charles Hoskinson & Jeremy Wood
- White paper
- Cardano whitepaper
- Initial release
- 27 September 2017 (8 years ago) ( 2017-09-27 )
- Latest release
- 9.1.0 / 24 July 2024 (22 months ago) ( 2024-07-24 )
- Code repository
- https://cardanoupdates.com/
- Development status
- Active
- Written in
- Haskell
- Operating system
- Cross-platform
- Developer s
- Cardano Foundation, IOHK, EMURGO
~12 min read
Article
Cardano is a public decentralized blockchain platform which uses the cryptocurrency, ADA, to facilitate transactions.
Cardano's development began in 2015. When launched in 2017, it was the largest cryptocurrency to use a proof of stake blockchain. A number of independent entities collaborate on the project, including the Cardano Foundation based in Zug, Switzerland, and led by its chief executive officer Frederik Gregaard.