What is the difference between Hedera and Cardano?

I'm curious to understand the distinction between Hedera and Cardano. Could you elaborate on their fundamental differences? Both seem to be prominent players in the cryptocurrency and blockchain space, but I'm not quite clear on what sets them apart. For instance, how do their consensus mechanisms differ? What about their scalability and performance? Additionally, are there any significant disparities in their governance structures or the range of applications they cater to? I'm eager to gain a deeper understanding of these two projects and how they fit into the broader cryptocurrency ecosystem.