Cardano is a blockchain platform and cryptocurrency. It aims to provide a secure and scalable infrastructure for the development of decentralized applications (DApps) and smart contracts. It was founded by Charles Hoskinson, one of the co-founders of Ethereum, and is built on a unique scientific philosophy that emphasizes peer-reviewed research and academic rigor.

How does Cardano work?

Cardano implements a layered architecture consisting of two main layers: the settlement layer and the computation layer. The settlement layer, represented by the ADA cryptocurrency, handles transactions and is designed to ensure secure and scalable payment transfers. The computation layer focuses on running smart contracts and DApps, offering flexibility and efficiency for various use cases.

What is Cardano's governance model?

The Cardano community plays a crucial role in the platform's development and governance. It consists of various stakeholders, including developers, academics, and ADA holders, who participate in decision-making processes through voting and community feedback. This governance model allows for community-driven improvements and updates to the Cardano protocol.

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May Woods

Graduated from King’s College, May is a highly accomplished UK-based journalist and editor, holding an NCTJ qualification with over 7 years of experience in writing, editing, and commissioning news and features for newspapers, magazines, and online publications. Her passion for blockchain and cryptocurrency has driven her to lead investigations, interview prominent crypto CEOs worldwide, and develop social strategies for web3 clients, making her an expert in the field. Additionally, May has successfully managed important campaigns for NFT projects. Her unique blend of traditional journalism and modern digital strategies makes her a distinguished and influential voice in the crypto industry.