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Basic knowledge about Cardano


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Cardano is a decentralized blockchain platform built by Charles Hoskinson, co-founder of Ethereum. The platform is designed to solve the scalability, security, and energy efficiency problems of previous generation blockchains.

Here is some basic information about Cardano:

Name: Cardano

Symbol: ADA

Platform: Blockchain

Year of launch: 2017

Development team: Input Output Hong Kong (IOHK)

Technology:

Consensus model: Ouroboros Proof-of-Stake (PoS)
Smart contracts programming language: Plutus
Multi-asset ledger support: Allows issuance and management of many different types of assets on the same blockchain.
Target:

Provides a secure, scalable, and sustainable blockchain platform.
Supports decentralized applications (dApps) in many different fields.
Promote the development of a decentralized economy.

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