#CardanoDebate Cardano is a blockchain platform known for its scientific approach and peer-reviewed development. Founded by Charles Hoskinson, a co-founder of Ethereum, Cardano aims to provide a secure and scalable infrastructure for decentralized applications and smart contracts. It uses a unique proof-of-stake consensus mechanism called Ouroboros, which is energy-efficient compared to proof-of-work systems like Bitcoin. Cardano’s native cryptocurrency, ADA, is used for transactions and staking on the network. The project is structured in phases, focusing on sustainability, interoperability, and scalability. It emphasizes formal verification and academic research to ensure reliability and security. Cardano is popular for its commitment to gradual, evidence-based upgrades and has an active global community. Many see it as a competitor to Ethereum, with a vision of fostering inclusive, decentralized finance.