Cardano is a decentralized public blockchain and cryptocurrency project and is fully open source.
Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed.
It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach.
The development team consists of a large global collective of expert engineers and researchers
It requires decentralized nodes to validate and secure the blockchain for all participants. Cardano uses a new proof of stake algorithm called Ouroboros, which determines how individual nodes reach consensus about the network.
If you hold Ada (₳) cryptocurrency, you can participate in this process and earn rewards by staking your Ada.
Your Ada remains within your complete control at all times and you are still allowed to transfer, spend, or move your staking delegation to another stake pool.