CryptoBeginner

Cardano

a.k.a. ADA

A proof-of-stake blockchain founded by Ethereum co-founder Charles Hoskinson, with ADA as its coin.
In plain English

A proof-of-stake blockchain founded by Ethereum co-founder Charles Hoskinson, with ADA as its coin.

Cardano is a blockchain launched in 2017 and led by Charles Hoskinson, one of Ethereum's co-founders. Its coin is ADA, named after the 19th-century mathematician Ada Lovelace.

It runs on proof of stake, and it is known for a slow, research-first approach: ideas go through academic papers and review before they are built. Fans call that careful; critics call it slow. Like other smart-contract chains, it hosts apps, tokens and DeFi.

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