Today, we discuss the intricacies of Cardano, a proof-of-stake peer reviewed blockchain that aims to be an alternative to the Ethereum blockchain. Founded by Charles Hoshkinson, a Co-Founder of Ethereum, Cardano was released in 2017 and aims to be a go-to blockchain for identity management, staking and traceability. They aim to bank the unbanked, and assist in building interconnected decentralized and centralized systems. Cardano utilizes the cryptocurrency ADA for a number of use-cases within the platform.
