Cardano (blockchain platform)
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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]
Quick Facts Denominations, Symbol ...
Denominations | |
---|---|
Symbol | ADA, ₳ |
Code | cardano-node |
Subunits | |
1⁄1000000 | Lovelace |
Development | |
Original author(s) | Charles Hoskinson & Jeremy Wood |
White paper | Cardano whitepaper |
Initial release | 27 September 2017 (6 years ago) (2017-09-27)[1] |
Latest release | 8.1.2 / 26 July 2023 (10 months ago) (2023-07-26)[2] |
Code repository | https://cardanoupdates.com/ |
Development status | Active |
Written in | Haskell |
Operating system | Cross-platform |
Developer(s) | Cardano Foundation, IOHK, EMURGO |
Source model | Free and open-source software |
License | Apache |
Ledger | |
Timestamping scheme | Proof of stake |
Block time | 20 seconds |
Block explorer | Adatools.io Cardanoscan.io |
Circulating supply | 36.365 billion ₳ (as of Nov. 2023) |
Supply limit | 45 billion ₳[3] |
Valuation | |
Exchange rate | Floating |
Demographics | |
Official user(s) | ~3264 stake pools globally (as of Nov. 2023)[4] |
Website | |
Website | cardano |
Uses Distributed computing. |
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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]