Difference between revisions of "Cardano"

From DefiLlama
Jump to navigation Jump to search
(introductory paragraphs with proper citations to get the Cardano page started)
 
m (Added Layer 1 Category)
 
(3 intermediate revisions by 2 users not shown)
Line 1: Line 1:
“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” - @IOHK_Charles on Twitter<ref name=":0">https://twitter.com/IOHK_Charles/status/1290058248347770880</ref>
“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” - @IOHK_Charles on Twitter<ref name=":0">https://twitter.com/IOHK_Charles/status/1290058248347770880</ref>


Cardano is a blockchain technology similar to Bitcoin and Ethereum. Charles Hoskinson, the founder of Cardano, calls it a “third generation” blockchain<ref name=":0" />. Bitcoin would be the first generation, Ethereum second generation due to its smart contract capability, and Cardano third generation.  
Cardano is a blockchain technology similar to Bitcoin and Ethereum. Charles Hoskinson, the founder of Cardano, calls it a “third generation” blockchain<ref>https://hir.harvard.edu/charles-hoskinson-3/</ref>. Bitcoin would be the first generation, Ethereum second generation due to its smart contract capability, and Cardano third generation.  


Cardano features the decentralization and security of bitcoin coupled with the smart contract capabilities of Ethereum. It is also currently one of the leading “proof of stake” blockchains<ref>https://coinmarketcap.com/view/pos/</ref>.  
Cardano features the decentralization and security of bitcoin coupled with the smart contract capabilities of Ethereum. It is also currently one of the leading “proof of stake” blockchains<ref>https://coinmarketcap.com/view/pos/</ref>.  


There are three corporations that are often referred to with respect to Cardano - IOG (formerly known as IOHK)<ref>https://iohk.io/en/</ref>, The Cardano Foundation<ref>https://cardanofoundation.org/</ref>, and Emurgo<ref>https://emurgo.io/</ref>. These corporations do not “own” Cardano, as Cardano is a public decentralized blockchain that anyone can use and build upon. Instead, they work together to promote Cardano and build the basic infrastructure that allows it to function properly.
There are three corporations that are often referred to with respect to Cardano - IOG (formerly known as IOHK)<ref>https://iohk.io/en/</ref>, The Cardano Foundation<ref>https://cardanofoundation.org/</ref>, and Emurgo<ref>https://emurgo.io/</ref>. These corporations do not “own” Cardano, as Cardano is a public decentralized blockchain that anyone can use and build upon. Instead, they work together to promote Cardano and build the basic infrastructure that allows it to function properly.
<references />
[[Category:Chain]]
[[Category:Cryptocurrencies]]
[[Category:Layer 1]]

Latest revision as of 17:41, 9 October 2022

“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” - @IOHK_Charles on Twitter[1]

Cardano is a blockchain technology similar to Bitcoin and Ethereum. Charles Hoskinson, the founder of Cardano, calls it a “third generation” blockchain[2]. Bitcoin would be the first generation, Ethereum second generation due to its smart contract capability, and Cardano third generation.

Cardano features the decentralization and security of bitcoin coupled with the smart contract capabilities of Ethereum. It is also currently one of the leading “proof of stake” blockchains[3].

There are three corporations that are often referred to with respect to Cardano - IOG (formerly known as IOHK)[4], The Cardano Foundation[5], and Emurgo[6]. These corporations do not “own” Cardano, as Cardano is a public decentralized blockchain that anyone can use and build upon. Instead, they work together to promote Cardano and build the basic infrastructure that allows it to function properly.