Cardano - Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source.

Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers

STO/ICO Status

Status
Successful
Symbol
ADA
Token Supply
...
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Basics

PlatformN/A
TypeN/A
AcceptingOthers
Circulating SupplyN/A
KYCN/A
Restricted AreasN/A
HomepageWebsite URL
White PaperView/Download

About

In the spirit of many open source projects, Cardano did not begin with a comprehensive roadmap or even an authoritative white paper. Rather it embraced a collection of design principles, engineering best practices and avenues for exploration. These include the following:

  • Separation of accounting and computation into different layers

  • Implementation of core components in highly modular functional code

  • Small groups of academics and developers competing with peer reviewed research

  • Heavy use of interdisciplinary teams including early use of InfoSec experts

  • Fast iteration between white papers, implementation and new research required to correct issues discovered during review

  • Building in the ability to upgrade post-deployed systems without destroying the network

  • Development of a decentralized funding mechanism for future work

  • A long-term view on improving the design of cryptocurrencies so they can work on mobile devices with a reasonable and secure user experience

  • Bringing stakeholders closer to the operations and maintenance of their cryptocurrency

  • Acknowledging the need to account for multiple assets in the same ledger

  • Abstracting transactions to include optional metadata in order to better conform to the needs of legacy systems

  • Learning from the nearly 1,000 altcoins by embracing features that make sense

  • Adopt a standards-driven process inspired by the Internet Engineering Task Force using a dedicated foundation to lock down the final protocol design

  • Explore the social elements of commerce

  • Find a healthy middle ground for regulators to interact with commerce without compromising some core principles inherited from Bitcoin