====== Cardano ======
[[dido:public:ra:xapend:xapend.a_glossary:start| Return to Glossary ]]

**Cardano** is a [[dido:public:ra:xapend:xapend.a_glossary:p:public_network]] [[dido:public:ra:xapend:xapend.a_glossary:d:dido_platform]]. It is [[dido:public:ra:xapend:xapend.a_glossary:o:oss]] and a [[dido:public:ra:xapend:xapend.a_glossary:d:decentralized_application]], using a [[dido:public:ra:xapend:xapend.a_glossary:p:proof_of_stake_pos]] [[dido:public:ra:xapend:xapend.a_glossary:c:consensus_algorithm]]. It can facilitate [[dido:public:ra:xapend:xapend.a_glossary:p:p2p]] [[dido:public:ra:xapend:xapend.a_glossary:t:transaction | Transactions]] with its internal [[dido:public:ra:xapend:xapend.a_glossary:c:cryptocurrency]], **''ADA''**.

Cardano was founded in 2015 by Ethereum co-founder Charles Hoskinson. The development of the project is overseen and supervised by the Cardano Foundation, based in Zug, Switzerland. It is the largest cryptocurrency to use a POS consensus, which is seen as a greener alternative to [[dido:public:ra:xapend:xapend.a_glossary:p:proof_of_work]] [[dido:public:ra:xapend:xapend.a_glossary:p:protocol | Protocols]]. 

Source: [[https://en.wikipedia.org/wiki/Cardano_(blockchain_platform) ]]


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