The Cardano-Coin has only recently been tradable on relevant stock exchanges such as Bittrex.com. Nevertheless, the coin slipped directly into the top 20 crypto currencies with the largest market capitalization.
But what happens to the coin when the initial hype subsides and what really counts comes to the fore: the technology that Cardano brings to the table. In this article, a detailed analysis will shed light on the situation.
What is Cardano?
Cardano's market capitalization is currently around 700 million dollars at a current Cardano rate of just under 0.025 euros per coin. Cardano is a blockchain technology designed to build a new decentralized economy and democratize financial markets in emerging markets. Cardano enables the cost-effective, secure and scalable creation and execution of decentralized applications and contracts.
However, the Cardano project is expected to stand out from many others in the industry: It openly addresses the need for regulatory oversight while preserving consumer privacy and protection through an innovative software architecture.
The protocol has a layered blockchain software stack that is flexible, scalable, and developed to the industry's strictest academic and commercial software standards. Cardano will deploy a democratic governance system that will evolve the project over time and sustainably finance itself through a visionary treasury system.
Cardano Foundation
The Cardano project was initiated at the end of 2014 by a group of crypto currency enthusiasts, investors and entrepreneurs in Asia. Input Output HK (IOHK) was involved in the development and implementation of Cardano.
In addition, the Cardano Foundation, based in Switzerland, was established to monitor and supervise the development of Cardano and its ecosystem and to act on behalf of the users of the protocol. Another unit, Emurgo, based on the Isle of Man, was created to pursue profit-oriented activities on behalf of the ecosystem and the community. The three units are completely separate in ownership and leadership.
How does the Cardano Project work?
Founded in 2015 by Charles Hoskinson and Jeremy Wood, IOHK is a technology and technology company that uses peer-to-peer innovation to connect three billion people worldwide who have no access to accounts and other financial services.
The IOHK team used a "First Principles" approach driven by peer-review academic research to build Cardano. The result is the first crypto currency based on the Haskell code, an industry-standard product that provides the resilience required for mission-critical systems and ensures that all transactions are secure. The protocol is designed to protect the privacy of users and also takes into account the needs of regulators.
This makes Cardano the first protocol to balance these requirements in a nuanced and effective manner and to adopt a new approach to crypto currencies. The system is designed to be continuously upgraded and adapted to meet changing requirements and to evolve rapidly as needed. A treasury system will also be installed to ensure the sustainability of the protocol.
Users of the Cardano network will also soon be able to run decentralized applications on the Cardano blockchain and thus take advantage of the full functional scope of the project. In 2019, IOHK intends to work on Cardano's long-term scalability and expand its capabilities. As a developer, IOHK has been commissioned to ensure that Cardano is properly maintained until 2020.
Trade ADA - ADA Markets, Exchanges, Broker
The Cardano-Coin has only recently been tradable on relevant stock exchanges such as Bittrex.com. Nevertheless, the coin slipped directly into the top 20 crypto currencies with the largest market capitalization.
But what happens to the coin when the initial hype subsides and what really counts comes to the fore: the technology that Cardano brings to the table. In this article, a detailed analysis will shed light on the situation.
What is Cardano?
Cardano's market capitalization is currently around 700 million dollars at a current Cardano rate of just under 0.025 euros per coin. Cardano is a blockchain technology designed to build a new decentralized economy and democratize financial markets in emerging markets. Cardano enables the cost-effective, secure and scalable creation and execution of decentralized applications and contracts.
However, the Cardano project is expected to stand out from many others in the industry: It openly addresses the need for regulatory oversight while preserving consumer privacy and protection through an innovative software architecture.
The protocol has a layered blockchain software stack that is flexible, scalable, and developed to the industry's strictest academic and commercial software standards. Cardano will deploy a democratic governance system that will evolve the project over time and sustainably finance itself through a visionary treasury system.
Cardano Foundation
The Cardano project was initiated at the end of 2014 by a group of crypto currency enthusiasts, investors and entrepreneurs in Asia. Input Output HK (IOHK) was involved in the development and implementation of Cardano.
In addition, the Cardano Foundation, based in Switzerland, was established to monitor and supervise the development of Cardano and its ecosystem and to act on behalf of the users of the protocol. Another unit, Emurgo, based on the Isle of Man, was created to pursue profit-oriented activities on behalf of the ecosystem and the community. The three units are completely separate in ownership and leadership.
How does the Cardano Project work?
Founded in 2015 by Charles Hoskinson and Jeremy Wood, IOHK is a technology and technology company that uses peer-to-peer innovation to connect three billion people worldwide who have no access to accounts and other financial services.
The IOHK team used a "First Principles" approach driven by peer-review academic research to build Cardano. The result is the first crypto currency based on the Haskell code, an industry-standard product that provides the resilience required for mission-critical systems and ensures that all transactions are secure. The protocol is designed to protect the privacy of users and also takes into account the needs of regulators.
This makes Cardano the first protocol to balance these requirements in a nuanced and effective manner and to adopt a new approach to crypto currencies. The system is designed to be continuously upgraded and adapted to meet changing requirements and to evolve rapidly as needed. A treasury system will also be installed to ensure the sustainability of the protocol.
Users of the Cardano network will also soon be able to run decentralized applications on the Cardano blockchain and thus take advantage of the full functional scope of the project. In 2019, IOHK intends to work on Cardano's long-term scalability and expand its capabilities. As a developer, IOHK has been commissioned to ensure that Cardano is properly maintained until 2020.
Trade ADA - ADA Markets, Exchanges, Broker
The Cardano-Coin has only recently been tradable on relevant stock exchanges such as Bittrex.com. Nevertheless, the coin slipped directly into the top 20 crypto currencies with the largest market capitalization.
But what happens to the coin when the initial hype subsides and what really counts comes to the fore: the technology that Cardano brings to the table. In this article, a detailed analysis will shed light on the situation.
What is Cardano?
Cardano's market capitalization is currently around 700 million dollars at a current Cardano rate of just under 0.025 euros per coin. Cardano is a blockchain technology designed to build a new decentralized economy and democratize financial markets in emerging markets. Cardano enables the cost-effective, secure and scalable creation and execution of decentralized applications and contracts.
However, the Cardano project is expected to stand out from many others in the industry: It openly addresses the need for regulatory oversight while preserving consumer privacy and protection through an innovative software architecture.
The protocol has a layered blockchain software stack that is flexible, scalable, and developed to the industry's strictest academic and commercial software standards. Cardano will deploy a democratic governance system that will evolve the project over time and sustainably finance itself through a visionary treasury system.
Cardano Foundation
The Cardano project was initiated at the end of 2014 by a group of crypto currency enthusiasts, investors and entrepreneurs in Asia. Input Output HK (IOHK) was involved in the development and implementation of Cardano.
In addition, the Cardano Foundation, based in Switzerland, was established to monitor and supervise the development of Cardano and its ecosystem and to act on behalf of the users of the protocol. Another unit, Emurgo, based on the Isle of Man, was created to pursue profit-oriented activities on behalf of the ecosystem and the community. The three units are completely separate in ownership and leadership.
How does the Cardano Project work?
Founded in 2015 by Charles Hoskinson and Jeremy Wood, IOHK is a technology and technology company that uses peer-to-peer innovation to connect three billion people worldwide who have no access to accounts and other financial services.
The IOHK team used a "First Principles" approach driven by peer-review academic research to build Cardano. The result is the first crypto currency based on the Haskell code, an industry-standard product that provides the resilience required for mission-critical systems and ensures that all transactions are secure. The protocol is designed to protect the privacy of users and also takes into account the needs of regulators.
This makes Cardano the first protocol to balance these requirements in a nuanced and effective manner and to adopt a new approach to crypto currencies. The system is designed to be continuously upgraded and adapted to meet changing requirements and to evolve rapidly as needed. A treasury system will also be installed to ensure the sustainability of the protocol.
Users of the Cardano network will also soon be able to run decentralized applications on the Cardano blockchain and thus take advantage of the full functional scope of the project. In 2019, IOHK intends to work on Cardano's long-term scalability and expand its capabilities. As a developer, IOHK has been commissioned to ensure that Cardano is properly maintained until 2020.
Trade ADA - ADA Markets, Exchanges, Broker
The Cardano-Coin has only recently been tradable on relevant stock exchanges such as Bittrex.com. Nevertheless, the coin slipped directly into the top 20 crypto currencies with the largest market capitalization.
But what happens to the coin when the initial hype subsides and what really counts comes to the fore: the technology that Cardano brings to the table. In this article, a detailed analysis will shed light on the situation.
What is Cardano?
Cardano's market capitalization is currently around 700 million dollars at a current Cardano rate of just under 0.025 euros per coin. Cardano is a blockchain technology designed to build a new decentralized economy and democratize financial markets in emerging markets. Cardano enables the cost-effective, secure and scalable creation and execution of decentralized applications and contracts.
However, the Cardano project is expected to stand out from many others in the industry: It openly addresses the need for regulatory oversight while preserving consumer privacy and protection through an innovative software architecture.
The protocol has a layered blockchain software stack that is flexible, scalable, and developed to the industry's strictest academic and commercial software standards. Cardano will deploy a democratic governance system that will evolve the project over time and sustainably finance itself through a visionary treasury system.
Cardano Foundation
The Cardano project was initiated at the end of 2014 by a group of crypto currency enthusiasts, investors and entrepreneurs in Asia. Input Output HK (IOHK) was involved in the development and implementation of Cardano.
In addition, the Cardano Foundation, based in Switzerland, was established to monitor and supervise the development of Cardano and its ecosystem and to act on behalf of the users of the protocol. Another unit, Emurgo, based on the Isle of Man, was created to pursue profit-oriented activities on behalf of the ecosystem and the community. The three units are completely separate in ownership and leadership.
How does the Cardano Project work?
Founded in 2015 by Charles Hoskinson and Jeremy Wood, IOHK is a technology and technology company that uses peer-to-peer innovation to connect three billion people worldwide who have no access to accounts and other financial services.
The IOHK team used a "First Principles" approach driven by peer-review academic research to build Cardano. The result is the first crypto currency based on the Haskell code, an industry-standard product that provides the resilience required for mission-critical systems and ensures that all transactions are secure. The protocol is designed to protect the privacy of users and also takes into account the needs of regulators.
This makes Cardano the first protocol to balance these requirements in a nuanced and effective manner and to adopt a new approach to crypto currencies. The system is designed to be continuously upgraded and adapted to meet changing requirements and to evolve rapidly as needed. A treasury system will also be installed to ensure the sustainability of the protocol.
Users of the Cardano network will also soon be able to run decentralized applications on the Cardano blockchain and thus take advantage of the full functional scope of the project. In 2019, IOHK intends to work on Cardano's long-term scalability and expand its capabilities. As a developer, IOHK has been commissioned to ensure that Cardano is properly maintained until 2020.
Trade ADA - ADA Markets, Exchanges, Broker
The Cardano-Coin has only recently been tradable on relevant stock exchanges such as Bittrex.com. Nevertheless, the coin slipped directly into the top 20 crypto currencies with the largest market capitalization.
But what happens to the coin when the initial hype subsides and what really counts comes to the fore: the technology that Cardano brings to the table. In this article, a detailed analysis will shed light on the situation.
What is Cardano?
Cardano's market capitalization is currently around 700 million dollars at a current Cardano rate of just under 0.025 euros per coin. Cardano is a blockchain technology designed to build a new decentralized economy and democratize financial markets in emerging markets. Cardano enables the cost-effective, secure and scalable creation and execution of decentralized applications and contracts.
However, the Cardano project is expected to stand out from many others in the industry: It openly addresses the need for regulatory oversight while preserving consumer privacy and protection through an innovative software architecture.
The protocol has a layered blockchain software stack that is flexible, scalable, and developed to the industry's strictest academic and commercial software standards. Cardano will deploy a democratic governance system that will evolve the project over time and sustainably finance itself through a visionary treasury system.
Cardano Foundation
The Cardano project was initiated at the end of 2014 by a group of crypto currency enthusiasts, investors and entrepreneurs in Asia. Input Output HK (IOHK) was involved in the development and implementation of Cardano.
In addition, the Cardano Foundation, based in Switzerland, was established to monitor and supervise the development of Cardano and its ecosystem and to act on behalf of the users of the protocol. Another unit, Emurgo, based on the Isle of Man, was created to pursue profit-oriented activities on behalf of the ecosystem and the community. The three units are completely separate in ownership and leadership.
How does the Cardano Project work?
Founded in 2015 by Charles Hoskinson and Jeremy Wood, IOHK is a technology and technology company that uses peer-to-peer innovation to connect three billion people worldwide who have no access to accounts and other financial services.
The IOHK team used a "First Principles" approach driven by peer-review academic research to build Cardano. The result is the first crypto currency based on the Haskell code, an industry-standard product that provides the resilience required for mission-critical systems and ensures that all transactions are secure. The protocol is designed to protect the privacy of users and also takes into account the needs of regulators.
This makes Cardano the first protocol to balance these requirements in a nuanced and effective manner and to adopt a new approach to crypto currencies. The system is designed to be continuously upgraded and adapted to meet changing requirements and to evolve rapidly as needed. A treasury system will also be installed to ensure the sustainability of the protocol.
Users of the Cardano network will also soon be able to run decentralized applications on the Cardano blockchain and thus take advantage of the full functional scope of the project. In 2019, IOHK intends to work on Cardano's long-term scalability and expand its capabilities. As a developer, IOHK has been commissioned to ensure that Cardano is properly maintained until 2020.
Trade ADA - ADA Markets, Exchanges, Broker
The Cardano-Coin has only recently been tradable on relevant stock exchanges such as Bittrex.com. Nevertheless, the coin slipped directly into the top 20 crypto currencies with the largest market capitalization.
But what happens to the coin when the initial hype subsides and what really counts comes to the fore: the technology that Cardano brings to the table. In this article, a detailed analysis will shed light on the situation.
What is Cardano?
Cardano's market capitalization is currently around 700 million dollars at a current Cardano rate of just under 0.025 euros per coin. Cardano is a blockchain technology designed to build a new decentralized economy and democratize financial markets in emerging markets. Cardano enables the cost-effective, secure and scalable creation and execution of decentralized applications and contracts.
However, the Cardano project is expected to stand out from many others in the industry: It openly addresses the need for regulatory oversight while preserving consumer privacy and protection through an innovative software architecture.
The protocol has a layered blockchain software stack that is flexible, scalable, and developed to the industry's strictest academic and commercial software standards. Cardano will deploy a democratic governance system that will evolve the project over time and sustainably finance itself through a visionary treasury system.
Cardano Foundation
The Cardano project was initiated at the end of 2014 by a group of crypto currency enthusiasts, investors and entrepreneurs in Asia. Input Output HK (IOHK) was involved in the development and implementation of Cardano.
In addition, the Cardano Foundation, based in Switzerland, was established to monitor and supervise the development of Cardano and its ecosystem and to act on behalf of the users of the protocol. Another unit, Emurgo, based on the Isle of Man, was created to pursue profit-oriented activities on behalf of the ecosystem and the community. The three units are completely separate in ownership and leadership.
How does the Cardano Project work?
Founded in 2015 by Charles Hoskinson and Jeremy Wood, IOHK is a technology and technology company that uses peer-to-peer innovation to connect three billion people worldwide who have no access to accounts and other financial services.
The IOHK team used a "First Principles" approach driven by peer-review academic research to build Cardano. The result is the first crypto currency based on the Haskell code, an industry-standard product that provides the resilience required for mission-critical systems and ensures that all transactions are secure. The protocol is designed to protect the privacy of users and also takes into account the needs of regulators.
This makes Cardano the first protocol to balance these requirements in a nuanced and effective manner and to adopt a new approach to crypto currencies. The system is designed to be continuously upgraded and adapted to meet changing requirements and to evolve rapidly as needed. A treasury system will also be installed to ensure the sustainability of the protocol.
Users of the Cardano network will also soon be able to run decentralized applications on the Cardano blockchain and thus take advantage of the full functional scope of the project. In 2019, IOHK intends to work on Cardano's long-term scalability and expand its capabilities. As a developer, IOHK has been commissioned to ensure that Cardano is properly maintained until 2020.
Trade ADA - ADA Markets, Exchanges, Broker
The Cardano-Coin has only recently been tradable on relevant stock exchanges such as Bittrex.com. Nevertheless, the coin slipped directly into the top 20 crypto currencies with the largest market capitalization.
But what happens to the coin when the initial hype subsides and what really counts comes to the fore: the technology that Cardano brings to the table. In this article, a detailed analysis will shed light on the situation.
What is Cardano?
Cardano's market capitalization is currently around 700 million dollars at a current Cardano rate of just under 0.025 euros per coin. Cardano is a blockchain technology designed to build a new decentralized economy and democratize financial markets in emerging markets. Cardano enables the cost-effective, secure and scalable creation and execution of decentralized applications and contracts.
However, the Cardano project is expected to stand out from many others in the industry: It openly addresses the need for regulatory oversight while preserving consumer privacy and protection through an innovative software architecture.
The protocol has a layered blockchain software stack that is flexible, scalable, and developed to the industry's strictest academic and commercial software standards. Cardano will deploy a democratic governance system that will evolve the project over time and sustainably finance itself through a visionary treasury system.
Cardano Foundation
The Cardano project was initiated at the end of 2014 by a group of crypto currency enthusiasts, investors and entrepreneurs in Asia. Input Output HK (IOHK) was involved in the development and implementation of Cardano.
In addition, the Cardano Foundation, based in Switzerland, was established to monitor and supervise the development of Cardano and its ecosystem and to act on behalf of the users of the protocol. Another unit, Emurgo, based on the Isle of Man, was created to pursue profit-oriented activities on behalf of the ecosystem and the community. The three units are completely separate in ownership and leadership.
How does the Cardano Project work?
Founded in 2015 by Charles Hoskinson and Jeremy Wood, IOHK is a technology and technology company that uses peer-to-peer innovation to connect three billion people worldwide who have no access to accounts and other financial services.
The IOHK team used a "First Principles" approach driven by peer-review academic research to build Cardano. The result is the first crypto currency based on the Haskell code, an industry-standard product that provides the resilience required for mission-critical systems and ensures that all transactions are secure. The protocol is designed to protect the privacy of users and also takes into account the needs of regulators.
This makes Cardano the first protocol to balance these requirements in a nuanced and effective manner and to adopt a new approach to crypto currencies. The system is designed to be continuously upgraded and adapted to meet changing requirements and to evolve rapidly as needed. A treasury system will also be installed to ensure the sustainability of the protocol.
Users of the Cardano network will also soon be able to run decentralized applications on the Cardano blockchain and thus take advantage of the full functional scope of the project. In 2019, IOHK intends to work on Cardano's long-term scalability and expand its capabilities. As a developer, IOHK has been commissioned to ensure that Cardano is properly maintained until 2020.
Trade ADA - ADA Markets, Exchanges, Broker
The Cardano-Coin has only recently been tradable on relevant stock exchanges such as Bittrex.com. Nevertheless, the coin slipped directly into the top 20 crypto currencies with the largest market capitalization.
But what happens to the coin when the initial hype subsides and what really counts comes to the fore: the technology that Cardano brings to the table. In this article, a detailed analysis will shed light on the situation.
What is Cardano?
Cardano's market capitalization is currently around 700 million dollars at a current Cardano rate of just under 0.025 euros per coin. Cardano is a blockchain technology designed to build a new decentralized economy and democratize financial markets in emerging markets. Cardano enables the cost-effective, secure and scalable creation and execution of decentralized applications and contracts.
However, the Cardano project is expected to stand out from many others in the industry: It openly addresses the need for regulatory oversight while preserving consumer privacy and protection through an innovative software architecture.
The protocol has a layered blockchain software stack that is flexible, scalable, and developed to the industry's strictest academic and commercial software standards. Cardano will deploy a democratic governance system that will evolve the project over time and sustainably finance itself through a visionary treasury system.
Cardano Foundation
The Cardano project was initiated at the end of 2014 by a group of crypto currency enthusiasts, investors and entrepreneurs in Asia. Input Output HK (IOHK) was involved in the development and implementation of Cardano.
In addition, the Cardano Foundation, based in Switzerland, was established to monitor and supervise the development of Cardano and its ecosystem and to act on behalf of the users of the protocol. Another unit, Emurgo, based on the Isle of Man, was created to pursue profit-oriented activities on behalf of the ecosystem and the community. The three units are completely separate in ownership and leadership.
How does the Cardano Project work?
Founded in 2015 by Charles Hoskinson and Jeremy Wood, IOHK is a technology and technology company that uses peer-to-peer innovation to connect three billion people worldwide who have no access to accounts and other financial services.
The IOHK team used a "First Principles" approach driven by peer-review academic research to build Cardano. The result is the first crypto currency based on the Haskell code, an industry-standard product that provides the resilience required for mission-critical systems and ensures that all transactions are secure. The protocol is designed to protect the privacy of users and also takes into account the needs of regulators.
This makes Cardano the first protocol to balance these requirements in a nuanced and effective manner and to adopt a new approach to crypto currencies. The system is designed to be continuously upgraded and adapted to meet changing requirements and to evolve rapidly as needed. A treasury system will also be installed to ensure the sustainability of the protocol.
Users of the Cardano network will also soon be able to run decentralized applications on the Cardano blockchain and thus take advantage of the full functional scope of the project. In 2019, IOHK intends to work on Cardano's long-term scalability and expand its capabilities. As a developer, IOHK has been commissioned to ensure that Cardano is properly maintained until 2020.
Trade ADA - ADA Markets, Exchanges, Broker
The Cardano-Coin has only recently been tradable on relevant stock exchanges such as Bittrex.com. Nevertheless, the coin slipped directly into the top 20 crypto currencies with the largest market capitalization.
But what happens to the coin when the initial hype subsides and what really counts comes to the fore: the technology that Cardano brings to the table. In this article, a detailed analysis will shed light on the situation.
What is Cardano?
Cardano's market capitalization is currently around 700 million dollars at a current Cardano rate of just under 0.025 euros per coin. Cardano is a blockchain technology designed to build a new decentralized economy and democratize financial markets in emerging markets. Cardano enables the cost-effective, secure and scalable creation and execution of decentralized applications and contracts.
However, the Cardano project is expected to stand out from many others in the industry: It openly addresses the need for regulatory oversight while preserving consumer privacy and protection through an innovative software architecture.
The protocol has a layered blockchain software stack that is flexible, scalable, and developed to the industry's strictest academic and commercial software standards. Cardano will deploy a democratic governance system that will evolve the project over time and sustainably finance itself through a visionary treasury system.
Cardano Foundation
The Cardano project was initiated at the end of 2014 by a group of crypto currency enthusiasts, investors and entrepreneurs in Asia. Input Output HK (IOHK) was involved in the development and implementation of Cardano.
In addition, the Cardano Foundation, based in Switzerland, was established to monitor and supervise the development of Cardano and its ecosystem and to act on behalf of the users of the protocol. Another unit, Emurgo, based on the Isle of Man, was created to pursue profit-oriented activities on behalf of the ecosystem and the community. The three units are completely separate in ownership and leadership.
How does the Cardano Project work?
Founded in 2015 by Charles Hoskinson and Jeremy Wood, IOHK is a technology and technology company that uses peer-to-peer innovation to connect three billion people worldwide who have no access to accounts and other financial services.
The IOHK team used a "First Principles" approach driven by peer-review academic research to build Cardano. The result is the first crypto currency based on the Haskell code, an industry-standard product that provides the resilience required for mission-critical systems and ensures that all transactions are secure. The protocol is designed to protect the privacy of users and also takes into account the needs of regulators.
This makes Cardano the first protocol to balance these requirements in a nuanced and effective manner and to adopt a new approach to crypto currencies. The system is designed to be continuously upgraded and adapted to meet changing requirements and to evolve rapidly as needed. A treasury system will also be installed to ensure the sustainability of the protocol.
Users of the Cardano network will also soon be able to run decentralized applications on the Cardano blockchain and thus take advantage of the full functional scope of the project. In 2019, IOHK intends to work on Cardano's long-term scalability and expand its capabilities. As a developer, IOHK has been commissioned to ensure that Cardano is properly maintained until 2020.
Trade ADA - ADA Markets, Exchanges, Broker
The Cardano-Coin has only recently been tradable on relevant stock exchanges such as Bittrex.com. Nevertheless, the coin slipped directly into the top 20 crypto currencies with the largest market capitalization.
But what happens to the coin when the initial hype subsides and what really counts comes to the fore: the technology that Cardano brings to the table. In this article, a detailed analysis will shed light on the situation.
What is Cardano?
Cardano's market capitalization is currently around 700 million dollars at a current Cardano rate of just under 0.025 euros per coin. Cardano is a blockchain technology designed to build a new decentralized economy and democratize financial markets in emerging markets. Cardano enables the cost-effective, secure and scalable creation and execution of decentralized applications and contracts.
However, the Cardano project is expected to stand out from many others in the industry: It openly addresses the need for regulatory oversight while preserving consumer privacy and protection through an innovative software architecture.
The protocol has a layered blockchain software stack that is flexible, scalable, and developed to the industry's strictest academic and commercial software standards. Cardano will deploy a democratic governance system that will evolve the project over time and sustainably finance itself through a visionary treasury system.
Cardano Foundation
The Cardano project was initiated at the end of 2014 by a group of crypto currency enthusiasts, investors and entrepreneurs in Asia. Input Output HK (IOHK) was involved in the development and implementation of Cardano.
In addition, the Cardano Foundation, based in Switzerland, was established to monitor and supervise the development of Cardano and its ecosystem and to act on behalf of the users of the protocol. Another unit, Emurgo, based on the Isle of Man, was created to pursue profit-oriented activities on behalf of the ecosystem and the community. The three units are completely separate in ownership and leadership.
How does the Cardano Project work?
Founded in 2015 by Charles Hoskinson and Jeremy Wood, IOHK is a technology and technology company that uses peer-to-peer innovation to connect three billion people worldwide who have no access to accounts and other financial services.
The IOHK team used a "First Principles" approach driven by peer-review academic research to build Cardano. The result is the first crypto currency based on the Haskell code, an industry-standard product that provides the resilience required for mission-critical systems and ensures that all transactions are secure. The protocol is designed to protect the privacy of users and also takes into account the needs of regulators.
This makes Cardano the first protocol to balance these requirements in a nuanced and effective manner and to adopt a new approach to crypto currencies. The system is designed to be continuously upgraded and adapted to meet changing requirements and to evolve rapidly as needed. A treasury system will also be installed to ensure the sustainability of the protocol.
Users of the Cardano network will also soon be able to run decentralized applications on the Cardano blockchain and thus take advantage of the full functional scope of the project. In 2019, IOHK intends to work on Cardano's long-term scalability and expand its capabilities. As a developer, IOHK has been commissioned to ensure that Cardano is properly maintained until 2020.