Overview and Concept of Cardano

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Cardano is a third-generation blockchain platform developed through a rigorous scientific approach, relying on a Proof-of-Stake algorithm called Ouroboros.

Launched in 2017 under the leadership of Charles Hoskinson (one of the co-founders of Ethereum), it aims to scale decentralized applications (dApps), smart contracts, digital identity, and more.

Its native token is ADA, used as a means of payment, to pay transaction fees, and to participate in network security through delegation or operating as a validator.

The platform is based on a two-layer structure: CSL for financial transactions and CCL for computations and smart contracts

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