What's so special about Cardano?

What’s so special about Cardano? The team behind Cardano has been inspired by the world of science publishing, and has adopted its peer-reviewed approach for their cryptocurrency. What does that mean?

What is Cardano (Ada)?

Cardano is a proof-of-stake, decentralized network based on blockchain technology with smart contract capabilities. Setting it apart from its competitors is that the technology behind it is based on peer-reviewed research and developed by academics.

How is Cardano (Ada) mined?

How is ADA mined? Cardano’s native cryptocurrency, ADA, isn’t actually mined. Whereas with blockchains like Bitcoin, coins are “discovered” by miners, with Cardano, we have validators. These validators are chosen by the network itself to validate transactions based upon how much ADA they hold.

Is Cardano the first third generation cryptocurrency?

You’ve heard of first and second-generation cryptocurrencies Bitcoin and Ethereum, right? Cardano calls itself the "first third-generation cryptocurrency." Like Ethereum, it aims to be a platform on which people can create smart contracts.

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