Cardano is a blockchain platform and cryptocurrency developed with a unique scientific and philosophical approach. Here’s an overview of its history:
Foundation and Vision:
* Cardano was founded in 2015 by Charles Hoskinson, one of the co-founders of Ethereum.
* Cardano aims to provide a more sustainable, scalable, and secure blockchain platform than the first generation of cryptocurrencies like Bitcoin and Ethereum.
* Cardano relies on academic research and peer review in developing its protocols, distinguishing it from many other blockchain projects.
Development and Phases:
* The Cardano coin (ADA) was launched in 2017.
* Cardano is being developed in phases, each named after a prominent historical figure:
* Byron: Foundation and network launch phase.
* Shelley: Decentralization phase and implementation of the proof-of-stake system.
* Goguen: Smart contracts and decentralized applications phase.
* Basho: Scalability and performance improvement phase.
* Voltaire: Governance and self-management phase.
* Cardano has experienced significant growth in its market value and interest from developers and users.
Key Features:
* Cardano relies on a proof-of-stake system, making it more energy-efficient than currencies that rely on proof-of-work.
* Cardano enables the development of smart contracts and decentralized applications, opening the door for diverse applications in decentralized finance, supply chains, and more.
* Cardano aims to provide scalable and secure blockchain solutions for institutions and governments.
Major Events:
* In 2021, Cardano witnessed the launch of the "Alonzo" upgrade, which enabled smart contracts on the network.
* Cardano has partnerships with governments and organizations to implement blockchain technology in areas such as education and digital identity.
Cardano continues to develop its platform and expand its applications, and it is considered one of the leading cryptocurrencies in the market.