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Cardano, commonly known as Japanese Ethereum, claims to be “the first blockchain project developed using a scientific approach”. The project wants all stages, protocols and concepts to be validated by peers (researchers, developers) to ensure the solidity of the project.

Last Page Update

October 2, 2021

Founder(s)

Charles Hoskinson

Mainnet Launch

July 2020

Consensus

Proof of Stake (PoS), Ouroboros

Architecture

Single-chain

Security

Blockchain Specific

Validators

~2100

Type

Layer 1

VM/Dev

K(EVM)

TPS

250

Economics

Variable Tx Fees

Avg Tx Fee

~$2

Rating:

Transaction speed and network scalability

3/5

Operating mechanism and validators

4/5

Functioning of the economy and distribution

3/5

Scope of the ecosystem and partners

2/5

Team experience and community strength

5/5

Cost of transaction fees (the higher the score is, the lower the fees are)

3/5

Cryptocurrency:

Blockchain Categories:

0
Tags
Platform
Smart Contracts
Payments
Research
Can be Staked ?
Yes
0 %
Annual Interest

Community rating:

0
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0 out of 5 stars (based on 0 reviews)
Excellent 0%
Very good 0%
Average 0%
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