What is Cardano?
Cardano is a blockchain platform that aims to offer a more secure and sustainable infrastructure for decentralized applications. It was founded by Charles Hoskinson, who also co-founded Ethereum.In Indian mythology, there is a story about a king who wanted to ensure the safety of his kingdom. He created a set of rules that would protect his people and their land. Similarly, Cardano aims to create a set of rules that will protect the blockchain and its users.
Cardano uses a unique proof-of-stake algorithm called Ouroboros, which is designed to be more energy-efficient than traditional proof-of-work systems. This makes it a more sustainable option for the future of blockchain technology.
With its focus on security, sustainability, and scalability, Cardano is poised to become a leading platform for decentralized applications and smart contracts.
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