What is Cardano?

Cardano is a blockchain platform that, in some ways, aims to improve on the design of the original blockchain. Cardano is an open source project that features a smart contract system as well as a new proof-of-stake algorithm. What makes Cardano unique from other blockchain platforms is their philosophy of engineering decisions toward a "philosophy of simplicity". The goal of this philosophy is to eventually reduce the total number of ways to interact with the chain to three: (1) stake, (2) spend and (3) vote.

Table of Contents

  1. Who created Cardano?
  2. What is Cardano's symbol?
  3. How fast is Cardano?
  4. What is Cardano's block time?
  5. Can you mine Cardano?
  6. Does Cardano support smart contracts?
  7. Is Cardano EVM compatible?
  8. Is Cardano dead?

Who created Cardano?

Cardano was created/founded by Charles Hoskinson.

What is Cardano's symbol?

Cardano's ticker is ADA.

How fast is Cardano?

Cardano can process an estimated 250 transactions per second. Though, you should also consider block time in this equation too.

What is Cardano's block time?

Cardano's block time is approximately 20 seconds. This means that every 20 seconds, the Cardano blockchain produces a new block.

Can you mine Cardano?

No, you cannot mine Cardano. Cardano is a PoS blockchain.

Does Cardano support smart contracts?

Yes, Cardano has smart contracts. It can support DeFi, NFTs, gaming, and more.

Is Cardano EVM compatible?

Yes, Cardano is EVM compatible. You can use it with popular Web3 wallets like Metamask. It supports smart contracts, DeFi, NFTs, dApps, and more.

Is Cardano dead?

Blockchains don't tend to "die"... They're designed to continue running without a centralize authority or provider. If there's still a node running, Cardano will remain in use. Sure, there may be exploits, or luls in user activity, but generally it should keep running!

Cardano comparisons

Compare Cardano with other blockchains to see how it stacks up.

We've compared Cardano with 18 other blockchains. Click on a comparison to learn more!

Cardano's social links

Find out more about Cardano by visiting their official channels!