Cardano chain
Overview
Cardano is a proof-of-stake blockchain platform developed by IOHK (Input Output Hong Kong). It uses the Ouroboros consensus protocol and is designed for smart contracts and decentralized applications, with an emphasis on formal verification and peer-reviewed research.
Within the DeFi Intel graph, Cardano connects to 24 tracked entities, most strongly to USD Coin, Tether USD, Dai.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 6 of 24 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | USD Coin | 95% |
deployed_on | Tether USD | 95% |
deployed_on | Dai | 95% |
deployed_on | PayPal USD | 95% |
deployed_on | EURC | 95% |
bridges | Coinbase Bridge | 95% |
More on Cardano
In-depth guides on Cardano
Frequently asked questions
Who founded Cardano and when did it launch?
Charles Hoskinson and Jeremy Wood founded it after leaving Ethereum in 2014; the network launched publicly on 27 September 2017.
What is Ouroboros?
Cardano's proof-of-stake consensus protocol, developed by Aggelos Kiayias, which consumes far less energy than proof-of-work systems.
How is Cardano governed?
Historically by the Cardano Foundation, IOHK/IOG and EMURGO; the 2024 Chang upgrade added decentralized onchain governance where ADA holders vote on proposals.
Sources
Facts on this page were verified against the following sources.