Introduction

Cardano is a third-generation blockchain platform that takes a research-driven approach to development. Unlike many cryptocurrency projects that move fast and break things, Cardano prioritizes peer-reviewed academic research and formal verification methods.

Founded by Charles Hoskinson, one of the co-founders of Ethereum, Cardano aims to solve the fundamental problems of blockchain scalability, interoperability, and sustainability.

History and Development

Cardano's development began in 2015, and the mainnet launched in September 2017. The project is developed by three organizations: IOHK (Input Output Hong Kong), the Cardano Foundation, and EMURGO.

The development follows a phased roadmap with named eras: Byron (foundation), Shelley (decentralization), Goguen (smart contracts), Basho (scaling), and Voltaire (governance). Each phase builds upon the previous, adding new functionality to the network.

Technology and Architecture

Use Cases

• Identity solutions: Digital identity management for developing nations
• Supply chain: Product tracking and authentication
• DeFi: Decentralized finance applications
• Governance: Decentralized voting and decision-making
• Education: Credential verification on blockchain

Where to Buy Cardano (ADA)

ADA is widely available on major cryptocurrency exchanges worldwide. As one of the largest cryptocurrencies by market cap, it has excellent liquidity.

Investment Considerations

Cardano offers staking rewards for ADA holders, providing passive income potential. The project's academic approach may result in slower development but aims for more reliable outcomes.

For more information on staking and crypto investment strategies, see our crypto investing basics guide.