Cardano is a decentralized blockchain platform and cryptocurrency created in 2017. Its native cryptocurrency, ADA, is used for transactions and as a store of value.
Cardano aims to offer a more secure and sustainable blockchain ecosystem through its use of a proof-of-stake consensus algorithm, which requires less energy than traditional proof-of-work algorithms.
Cardano’s development is driven by a scientific approach, with a focus on academic research and peer-reviewed papers. Its goal is to create a scalable and interoperable blockchain that can support a wide range of decentralized applications and use cases.
Cardano’s team has also created a unique governance model that allows stakeholders to vote on proposed changes to the network, ensuring a more democratic and decentralized decision-making process.
The internal unrest in Cardano seems to have been settled in a rather civilized fashion. The chairperson, Michael Parsons, has officially resigned from his position as
![Cardano [ADA], Charles Hoskinson talks about the changes that the foundation will have to follow](https://crypto-economy.com//wp-content/uploads/2019/07/cardano-charles.jpg)
Following Pascal Schmidt’s replacement of Michael Parsons as the chairperson of Cardano Foundation, the CEO of former parent organization of Cardano, Charles Hoskinson, expressed his thoughts
![Cardano [ADA] opens its open source native library React](https://crypto-economy.com//wp-content/uploads/2019/07/apps-react-cardano.jpg)
Despite a few intra-organizational conflicts, Cardano has a lot of positives to show for this year warranting a round of applause from various crypto enthusiasts. Dapps
![Cardano [ADA] set to be the base currency for Emurgo's new exchange](https://crypto-economy.com//wp-content/uploads/2019/07/ironx.jpg)
One of Cardano’s parent organizations, Emurgo, has announced its plans to partner with IOHK to develop a new cryptocurrency exchange with Cardano as the base cryptocurrency.
![Cardano [ADA] announces the Rust project and expands its workforce](https://crypto-economy.com//wp-content/uploads/2019/07/car-ada.jpg)
The Cardano [ADA] cryptocurrency has evidently gone through a hectic week with a good number of bullish and bearish trends leaving an impression of a typical unstable
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