Cardano (ADA) – The 3rd Generation Blockchain

Cardano is a proof-of-stake blockchain platform founded in 2017 by Charles Hoskinson, one of Ethereum’s co-founders. Unlike earlier blockchains, Cardano was built with a strong focus on scientific research, peer-reviewed development, and scalability.

Key Features:

🌱 Energy-efficient proof-of-stake consensus (Ouroboros).

Academic foundation – developed by scientists & engineers.

🏛️ Smart contracts & dApps for finance, identity, and governance.

🌍 Vision for decentralized global adoption (especially in developing nations).

⚡ Fun fact: Cardano is named after the Italian mathematician Gerolamo Cardano, and its token ADA is named after Ada Lovelace, one of the first computer programmers.

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📊 Quick History of Cardano

Year Milestone

2015 Project begins under IOHK (Input Output Hong Kong)

2017 Cardano mainnet launches – ADA token introduced

2020 Shelley upgrade – decentralized staking

2021 Alonzo upgrade – smart contracts enabled

2023 Hydra scaling solution testing

2024+ Ongoing governance & scalability development

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