Cardano #shorts

Cardano is a blockchain platform that aims to be a decentralized application (dApp) development platform with a multi-asset ledger and verifiable smart contracts. ¹ Cardano's cryptocurrency is called Ada, named after the first computer programmer, Augusta Ada King, Countess of Lovelace. ² Cardano uses a proof-of-stake consensus protocol called Ouroboros, which is designed to be more energy-efficient and secure than proof-of-work protocols. ² Cardano was founded in 2015 by Charles Hoskinson, a co-founder of Ethereum, and is overseen by three entities: the Cardano Foundation, IOHK, and EMURGO. ³ Cardano is considered a third-generation blockchain platform, as it aims to solve the scalability, interoperability, and sustainability challenges faced by previous generations. ³