Cardano (ADA) is a decentralized blockchain platform. It was developed as an open source, so it has the support of a wide community. It uses proof of stake as a consensus protocol. It facilitates transactions between individuals and defines a powerful system of smart contracts. His cryptocurrency is called ADA, after Ada Lovelace, one of the pioneers of programming.
Unlike other similar technologies, Cardano does not have a whitepaper and its design is based on the principles of scalability, interoperability and compliance.
It does not use proof of work like Bitcoin or Ethereum, it uses proof of consensus to avoid having to perform complex math to maintain the integrity of the chain and save a lot of energy for its operation. It is currently the most important blockchain network of its kind on the market.
