Cardano

About Cardano

Cardano is a blockchain platform built on academic research that enables smart contracts and decentralized applications while using significantly less energy than traditional cryptocurrencies like Bitcoin. Its methodical, research-driven approach involves peer review by scientists and cryptographers before major features are added. The platform's native cryptocurrency, ADA, is used to send money, pay transaction fees, and participate in network governance. Cardano uses a proof-of-stake system where users can stake their ADA to become validators, earning rewards. The platform features a two-layer design separating basic payment transactions from smart contract operations. Cardano was founded in 2017 by Charles Hoskinson, who previously helped create Ethereum. The ecosystem operates through three organizations: Input Output Global (IOG) for technical development, the Cardano Foundation for adoption and standardization, and Emurgo for business integration. In February 2025, Grayscale Investments filed to create an ETF for Cardano.

• Cardano's development is based on peer-reviewed academic research, with every major feature reviewed by scientists and cryptographers.
• The platform uses a two-layer design that separates payment transactions from smart contract operations for optimized performance.
• Cardano was founded by Charles Hoskinson, a co-founder of Ethereum.
• The ecosystem is governed by three independent organizations: IOG, Cardano Foundation, and Emurgo.
• In February 2025, Grayscale Investments filed to create a Cardano ETF with the U.S. SEC.