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About Cardano
Cardano is a blockchain platform designed to enable secure peer-to-peer transactions and support smart contracts through a scientifically rigorous, peer-reviewed approach to development. Its native cryptocurrency, ADA, powers the network and is used for transaction fees and staking rewards through its proof-of-stake consensus mechanism called Ouroboros. Cardano distinguishes itself through its emphasis on sustainability, scalability, and formal verification methods, aiming to provide a more energy-efficient alternative to older blockchain networks while maintaining high security standards.
