Cardano (ADA)

Cardano was released on 29 September 2017 by blockchain development firm Input Output Hong Kong (IOHK) and led by Charles Hoskinson. Cardano is the technology platform which runs the cryptocurrency ADA.


Official Website:

Key Facts

  • The platform aims to run smart contracts, decentralised applications, side chains, multi-party computation and metadata.
  • Daedalus is the official cryptocurrency wallet that holds Ada.
  • Cardano did not begin with an authoritative white paper, but a set of design principles.
  • Cardano uses the Ouroboros proof of stake algorithm.
  • Maximum supply is 45 billion ADA.
  • Cardano develops their currency around a Recursive Internetwork Architecture (RINA).
  • The national research and education network of Greece plans the first Cardano pilot project by verifying student diplomas via Cardano‚Äôs blockchain.

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