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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’s NFT ecosystem is growing through new marketplaces, collaborations with artists, and support for environmentally friendly minting practices.
ADA holders can participate in Project Catalyst by voting on submitted proposals, with each ADA representing one vote, influencing which projects receive funding.
Cardano’s PoS model requires an attacker to control over 51% of staked ADA, making such an attack prohibitively expensive and highly unlikely.
Cardano sets a saturation limit for stake pools to prevent them from becoming too large, encouraging decentralization by capping rewards after a certain threshold.
Cardano’s PoS protocol and consensus model ensure that transactions are validated and irreversible, preventing issues like double-spending on its network.