Cardano
Cardano is a research-driven, proof-of-stake blockchain platform designed for scalability, security, and sustainability. It supports smart contracts and aims to enable real-world use cases in identity, governance, and finance. ADA is the native token used for staking and network participation. Cardano is popular among long-term investors for its academic foundation and energy efficiency.
| Cardano | |
|---|---|
| Available on Coinbase (2024)? | Yes |
| Creator(s) | Charles Hoskinson and Jeremy Wood |
| Start year | 2017 |
| Decentralized score (out of 5) | 4/5: Decentralized with Influences |
| Influences or central authority | IOHK, the Cardano Foundation, and Emurgo |
| Can be mined? | No |
| New issuance method | Proof of Stake (PoS) |
| Maximum supply (in millions) | 45,000 |
| Percentage already issued (2024) | 78% |
| Key functions (other than transactions) | smart contracts, apps, asset tokenization |
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