Making The world Work Better For All
Cardano is a blockchain platform for changemakers, innovators, and visionaries, with the tools and technologies required to create possibility for the many, as well as the few, and bring about positive global change.
Cardano is a proof-of-stake blockchain platform: the first to be founded on peer-reviewed research and developed through evidence-based methods. It combines pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies.
With a leading team of engineers, Cardano exists to redistribute power from unaccountable structures to the margins – to individuals – and be an enabling force for positive change and progress.
Benefits Of Cardano
Scalable And Sustainable
TEAMS & MARKETING7%
Proof-Of-Stake And Ouroboros
Ouroboros is the first peer-reviewed, verifiably secure blockchain protocol, and Cardano is the first blockchain to implement it. Ouroboros enables the Cardano network's decentralization, and allows it to sustainably scale to global requirements without, crucially, compromising security.
Cardano is developed using evidence-based methods: a novel combination of formal methods, which are normally found in critical high-stake applications, and an agile approach, which helps the project remain adaptable and responsive to emerging requirements and new innovations
Open And Incentivized Participation
With a committed community at its core, Cardano is an open-source project developed through open participation. To ensure the longevity and health of the network, Cardano features an incentive mechanism that rewards users - either as stake pool operators or stake delegators - for their participation.
Named after poet and politician George Gordon Byron (a.k.a. Lord Byron), the Byron Phase is the first of five phases in Cardano’s developmental roadmap. After two years of development, the Cardano blockchain mainnet went live in September 2017, enabling users to buy and sell its native ADA coin — powered by its pioneering Ouroboros PoS protocol. Other notable features include the debut of the Daedalus and Yoroi ADA wallets.
Named after author Mary Shelley, this phase is the second of five in Cardano’s developmental roadmap. It is designed as a safe and stable transition towards a more decentralized Cardano furnished by community-run network nodes that are incentivized to participate in the network’s decentralization goals. During the Shelley Phase, the Mary Upgrade — or Mary hard fork — rolled out an update that allowed users to mint their own Cardano tokens. This phase also saw the introduction of Cardano staking pools.
Named after computer scientist Joseph Goguen, the Goguen Phase is the third of five phases in Cardano’s long-term roadmap. One of the primary goals of Goguen is to allow both technical and non-technical users to create smart contracts and decentralized applications (dApps). This was achieved in September 2021 via the Alonzo hard fork — or Alonzo Upgrade. Another notable feature was the release of the programming language Marlowe. As of Q4 2021, Cardano is still in the Goguen Phase.
Named after Matsuo Bashō, a Japanese poet renowned for his haiku, the Bashō Phase is focused on optimizing both scalability and interoperability. A major goal of this phase is the introduction of parallel account models. The Cardano blockchain will continue to use its Extended Unspent Transaction Output (eUTXO) model; an accounts-based accounting model will be accessible via Cardano sidechains. The other major benchmark of Bashō is the implementation of Hydra, Cardano’s advanced Layer-2 solution.
LP Token Mining
Earn an ADA and other digital assets on top of the yield just for putting assets into a liquidity pool.
Named after the French writer and philosopher, this final phase will be focused on integrating decentralized governance. There will be an open voting and treasury system funded by transaction fees. This means that, when the Voltaire Phase is implemented, Cardano will no longer be run by IOG; it will be fully governed by the Cardano community itself.