Cardano is a blockchain platform designed to enable smart contracts and decentralized applications. It was founded by Charles Hoskinson, one of the co-founders of Ethereum. Cardano aims to provide a more secure and scalable infrastructure for developers and users, using a unique proof-of-stake consensus mechanism called Ouroboros. The platform is built in layers, separating the settlement layer from the computation layer. This design allows for greater flexibility and security. ADA is the native cryptocurrency of Cardano, used for transactions and staking within the network. Cardano emphasizes a research-driven approach, incorporating peer-reviewed academic work into its development.