Cardano is a blockchain platform developed by IOHK (Input Output Hong Kong) that employs a research-driven approach to provide a secure and scalable platform for decentralized applications. It aims to address the limitations of previous blockchain platforms and offer a more sustainable and inclusive system.
Cardano combines innovative technologies and scientific research to create a blockchain platform that is robust, secure, and scalable. It leverages a proof-of-stake consensus mechanism called Ouroboros, which ensures energy efficiency and decentralized decision-making. The platform also emphasizes academic and peer-reviewed research to drive its development and upgrades.
Plutus is Cardano's development platform for building smart contracts and decentralized applications.
Marlowe is a domain-specific language (DSL) that simplifies the creation of financial smart contracts on Cardano.
Catalyst is a decentralized funding platform that enables the community to propose and vote on projects to receive funding.
Cardano's native cryptocurrency is ADA, which can be purchased and held as an investment. Interested individuals can acquire ADA through various cryptocurrency exchanges. As with any investment, it's important to conduct thorough research, consider market conditions, and make informed decisions.