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A brief history of Cardano

Cardano was founded in 2015 by Ethereum co-founder Charles Hoskinson with the aim to “provide a more balanced and sustainable ecosystem” for cryptocurrencies. It is backed by three entities: IOHK, The Cardano Foundation, and Emurgo, and is a self-described third-generation blockchain.

The Cardano network gained its namesake from the Italian Renaissance mathematician Gerolamo Cardano, while its native currency (ADA) is named after Ada Lovelace, a 19th-century mathematician who is often referred to as the first computer programmer.