Cardano (blockchain platform)

Cardano
Denominations
SymbolADA,
Codecardano-node
Subunits
11000000Lovelace
Development
Original author(s)Charles Hoskinson & Jeremy Wood
White paperCardano whitepaper
Initial release27 September 2017 (7 years ago) (2017-09-27)[1]
Latest release9.1.0 / 24 July 2024 (3 months ago) (2024-07-24)[2]
Code repositoryhttps://cardanoupdates.com/
Development statusActive
Written inHaskell
Operating systemCross-platform
Developer(s)Cardano Foundation, IOHK, EMURGO
Source modelFree and open-source software
LicenseApache
Ledger
Timestamping schemeProof of stake
Block time20 seconds
Block explorerAdatools.io

Pooltool.io

Cardanoscan.io
Circulating supply36.365 billion (as of Nov. 2023)
Supply limit45 billion [3]
Valuation
Exchange rateFloating
Demographics
Official user(s)~3264 stake pools globally (as of Nov. 2023)[4]
Website
Websitecardano.org

Cardano is a public blockchain platform. It is open-source and decentralized, with consensus achieved using proof of stake. It can facilitate peer-to-peer transactions with its internal cryptocurrency, ADA.[5]

Cardano's development began in 2015, led by Ethereum co-founder Charles Hoskinson. The project is overseen and supervised by the Cardano Foundation based in Zug, Switzerland.[6][7] When launched in 2017, it was the largest cryptocurrency to use a proof-of-stake blockchain, which is seen as a greener alternative to proof-of-work protocols.[8]

Cardano co-founder Charles Hoskinson. (2022, Web Summit)
  1. ^ "Releases - input-output-hk/cardano-sl". Retrieved 28 October 2020 – via GitHub.
  2. ^ "Releases - input-output-hk/cardano-node". Retrieved 17 August 2024 – via GitHub.
  3. ^ Cite error: The named reference CardanoEU was invoked but never defined (see the help page).
  4. ^ "Cardano Blockchain Explorer".
  5. ^ "Die Grundlagen der Cardano-Kryptowährung". hamburg-magazin.de (in German). 26 June 2020. Archived from the original on 4 July 2020. Retrieved 2 July 2020.
  6. ^ "Bitcoin's Smaller Cousins". Bloomberg L.P. 20 December 2017. Archived from the original on 26 June 2018. Retrieved 25 December 2018. Cardano, backed by the Zug, Switzerland-based Cardano Foundation, is a decentralized public blockchain that aims to protect user privacy, while also allowing for regulation
  7. ^ "ZUG: Ex-Tezos-Mann geht zu Cardano". luzernerzeitung.ch (in German). Luzerner Zeitung. 20 February 2018. Retrieved 7 July 2020.
  8. ^ "What is Cardano? The 'green' crypto that hopes to surpass the tech giants". The Independent. 18 May 2021. Retrieved 22 August 2021.