Cardano

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24 Feb 2024
8


Cardano is a **proof-of-stake blockchain platform** that is the first to be founded on **peer-reviewed research** and developed through **evidence-based methods**⁴. It combines **pioneering technologies** to provide **unparalleled security and sustainability** to decentralized applications, systems, and societies⁴. Cardano uses the **Ouroboros protocol**, which is the first peer-reviewed, verifiably secure blockchain protocol⁵. Ouroboros enables the Cardano network's decentralization, and allows it to sustainably scale to global requirements without compromising security⁵. Cardano is controlled by three entities: the **Cardano Foundation**, which aims to standardize and promote the ecosystem; **IOHK**, an engineering company responsible for building the Cardano blockchain; and **EMURGO**, a commercial arm of the project that supports adoption and development⁶.
Cardano is a **public blockchain platform** that was developed by **Charles Hoskinson**, a co-founder of the blockchain engineering company **Input Output Global, Inc. (formerly IOHK)**, and the **Cardano Foundation**⁵. Hoskinson left Ethereum in 2014 after a dispute with another co-founder, Vitalik Buterin, and formed IOHK with former Ethereum colleague Jeremy Wood in 2015⁵. Cardano is the first blockchain platform to be founded on **peer-reviewed research** and developed through **evidence-based methods**⁴. It uses the **Ouroboros protocol**, which is the first peer-reviewed, verifiably secure blockchain protocol. Cardano aims to provide **unparalleled security and sustainability** to decentralized applications, systems, and societies⁴.

Here is a photo of Charles Hoskinson, the creator of Cardano:.

I hope this answer was helpful. Do you have any other questions about Cardano or blockchain technology?
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