Cardano

Annual Reward Rate: 3% - 12%
Comission: 0.8% until 2021. 1.6% after
Payout Frequency: Approximately every 5 days

What is Cardano?

Cardano (ADA) is a decentralised public blockchain and cryptocurrency project and is fully open source. Cardano is built in the secure Haskell programming language. Cardano is developing a smart contract platform which seeks to deliver lots of advanced features. It claims to be the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach.

The goal of Cardano

In 2015, the Cardano project began as an effort to change the way cryptocurrencies are designed and developed. The overall focus beyond a particular set of innovations is to provide a more balanced and sustainable ecosystem that better accounts for the needs of its users as well as other systems seeking integration. Cardano did not begin with a comprehensive roadmap or even an authoritative white paper. It started with a collection of design principles, engineering best practices and avenues for exploration. The Cardano platform now features decentralized applications and contracts that operate at low cost in a secure and scalable way.

Who started Cardano

Cardano was launched in 2017, and founded by Charles Hoskinson, co-founder of Ethereum. Charles said he wanted to provide a more balanced and sustainable ecosystem for cryptocurrencies. The development team consists of a large global collective of expert engineers and researchers.

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