Cardano (ADA)

Cardano is a distributed platform that enables complicated programmable value transactions in a safe and scalable manner. It is one of the first blockchains to be developed in the extremely secure Haskell programming language.

Cardano is building a smart contract platform with more advanced functionality than any prior protocol. It is the first blockchain platform to originate from a scientific outlook and a methodology that prioritizes research. The development team is made up of a huge worldwide group of skilled engineers and researchers. The Cardano project differs from other blockchain projects in that it openly addresses the necessity for regulatory supervision while maintaining customer privacy and protections through unique software architecture. The protocol includes a layered blockchain software stack that is adaptable and scalable, and it is being built in compliance with the most rigorous academic and commercial software standards in the field.

Cardano is the first protocol to use Ouroboros, a revolutionary proof-of-stake algorithm. The IOHK team created Cardano from the bottom up using a "first-principles" methodology that was influenced by peer-reviewed academic research. The end result of this collaboration is the first cryptocurrency to be based on Haskell code, which emphasizes industrial-level products that give the stability required for mission-critical systems, in this case, securing investment.

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