What is Cardano?

Cardano is a decentralised public blockchain and cryptocurrency project and is fully open-source. Cardano is developing a smart contract platform that seeks to allow complex programmable transfers of value in a secure and scalable fashion through its unique solutions. It is the first blockchain platform to evolve out of a scientific philosophy and a research-driven approach.

Cardano uses a democratic governance system that allows the project to evolve over time and fund itself sustainably through a treasury system.

The system is also designed to allow upgrades through soft forks, enabling it to adapt and evolve quickly. A treasury system ensures the sustainability of the protocol. Cardano’s blockchain technology has well-managed maintenance and development needs and is able to adequately fund itself.