5th crypto market list
Market cap of : 15 Billions$ Us
2.7% of crypto dominance
Sites: https://cardanoroadmap.com/ , https://www.cardanohub.org/en/home/, https://cardanofoundation.org/
Consensus : Proof-Of-Stake
Goal of Cardano
Cardano aims to be to be a part of the 3rd generation in the world of crypto. A crypto aiming to be easily expandable, for a fast adjustment needed as evolution is terrific in the world of the crypto. It bet on a third layer of information aside of the blockchain
Founders
Contrary to several other cryptos, it is difficult to put a name or a face on the project Cardano. In the groups of development the Cardano project we can find;
Cardano Foundation, IOHK, Emurgo
First operation
September 29th, 2017
So what is behind Cardano
To understand better the association all around Cardano we are slightly going to summarize each of the collaborators and their purposes concerning the Cardano project.
- To study and to propose tools of legislation surrounding Blockchain and the crypto exchanges
- Act as standardization body of Blockchain and crypto exchanges
- Protect, improve and develop the ecosystem of Cardano
- To order, educate and develop the various projects of the community Cardano
- Serve as objective organization to help companies to join the project
Behind Cardano Fondation: an experimented team having mainly worked in the banking, marketing, legislative system as well as in banking transactions security.
IOHK
IOHK studies new tools and paradigms for the cryptographic research and the architecture of cryptos currencies. More specifically, they develop an open source librairy for a universal flexibility of the smart contract for project Cardano and Ethereum Classic.
Behind IOHK, there is a huge team. Team dedicated in research and developpement, others dedicated to each of the current projects among which Cardano and Ethereum Classic, besides the management team, the human resource and the management comity. In the management team, we count in particular Charles Hoskinson, co-foudateur of the project Ethereum and having collaborated in the creation of Bitshares with Dan Larimer
Emurgo
Develop and integrate program fo legal, finance, as well as the logistics application. Emurgo is up front to integrate the diverse cryptographic layers of the project Cardano into the world, by helping the development of the smart contracts, the digitalisation of the information as well as in her decentralization for companies.
PROS of Cardano
- Expandable over different layer
- Decentralized
- Open source and Proof of stake
CONS OF Cardano
- To early to tell
Conclusion
Cardano is the best surrounded project I've seen so far threw my researches. With several groups working jointly on the various sectors of evolutions of the project, as well as a clear Roadmap on the evolution of the protocol , it clear to believe in a promising future for Cardano.
Cardano name come from Gerolamo Cardano , a mathematician, a philosopher, an astrologist, an inventor and a doctor, from 1501 till 1576. Cardano rests on scientific and philosophical principles being appropriate to the man whom the history expresses. Having developed in particular the principle of resolution of the mathematical equations of 3rd degrée as well as certain principle later used in cryptography, let's hope they will honor his name.
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