Cardano is a new cryptocurrency that comes with some interesting new innovations. It was built by a team of
technology-focused developers and academics from multiple universities. One of these innovations is that
the code was written in Haskell, a more memory-safe programming language, which should minimize the
existence of bugs on the Cardano network.
On top of that, Cardano’s developers have formally verified some core components of the network, including its Proof of Stake (PoS) system, which should also drastically increase its security. The “Ouroboros” algorithm for PoS systems was also peer-reviewed by multiple cryptographers.
Cardano’s developers have said that the protocol’s multi-layer architecture should allow for Bitcoin levels of privacy for users while also allowing regulator oversight on a per-app basis. Cardano also comes with its own “treasury” system, which the developers have said will ensure the sustainability of the protocol.
Max Supply: 45,000,000,000
Circulating Supply: 25,927,070,538
Total Supply: 31,112,483,745
Cryptographic Algorithm: Ouroboros
Issue Price : 2017-10-02
Source Code: https://github.com/input-output-hk/cardano-sl/
Issue Price: Consensus Protocol
White Paper: https://www.cardano.org/en/home/
Consensus Protocol: POS
Explorer 1: https://cardanoexplorer.com/