Cardano is a smart contract platform, similar to Ethereum, with a focus on security through a layered architecture. It’s the first blockchain project to be created from scientific philosophy and built on peer-reviewed academic research.
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Cardano is a project whose beginnings go back to the year 2015. This project arises as an effort to change the way in which cryptocurrencies are developed and designed today.
The main approach beyond a particular set of innovations is to provide and provide a balanced and sustainable ecosystem that responds to all the needs of users or systems that seek integration.
Cardano proposes something very similar to Ethereum where you can carry out intelligent contracts, tokens, decentralized organizations, etc. But the main advantage of this project is that it will not only have a chain of blocks (as it happens in Ethereum) that can be saturated with a high demand for network transactions. Each of the nodes or people that act as a node in this ecosystem will be able to create an alternative blockchain to the ADA central chain.
Behind this interesting project 'The Cardano Foundation' is IOHK (this company is headed by Charles Hoskinson, who was one of the main developers of Ethereum), a research and development company of blockchains and Emurgo, a Japanese company of investment that participated in the financial aspects of the development of this project.
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