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Cardano (ADA) is a third-generation blockchain platform focused on creating a secure, scalable, and sustainable ecosystem for decentralized applications (dApps) and smart contracts. Built using a research-driven approach and peer-reviewed scientific principles, Cardano distinguishes itself with its dual-layer architecture, where the Cardano Settlement Layer (CSL) handles transactions with ADA, its native cryptocurrency, while the Cardano Computation Layer (CCL) powers smart contracts and dApp functionalities. This separation enhances both security and scalability, allowing ADA to support complex applications without compromising transaction efficiency. Cardano's unique proof-of-stake consensus mechanism, Ouroboros, reduces energy consumption compared to proof-of-work blockchains, making ADA an environmentally sustainable choice. The Cardano ecosystem is dynamic, with projects spanning DeFi, NFTs, and governance protocols, and is actively developed by a committed community led by Input Output Global (IOG), Cardano Foundation, and Emurgo.
Cardano is working on cross-chain solutions through projects like Interoperability (IO) and ERC20 converter to enable assets to flow between blockchains.
Cross-chain NFTs on Cardano are enabled through partnerships with blockchain projects, allowing users to mint and trade NFTs across different networks.
Peer-reviewed research ensures Cardano’s protocols are thoroughly tested for security and efficiency, enhancing its reliability as a blockchain platform.
The ERC20 converter allows Ethereum tokens to be converted and used on the Cardano blockchain, making it easier for Ethereum-based projects to migrate.
Cardano relies on its proof-of-stake mechanism and rigorous academic peer review for security, making it one of the most secure networks in the blockchain space.