Knowing Cardano protocol

The increase in blockchain-based solutions is always in motion. A new protocol has been making noise; it’s about Cardano, and we’ll talk about it here.

The Cardano protocol aims to be a platform for smart contracts, cryptocurrency, as well as to develop intelligent accounting books. Something like a mix between Monero, Bitcoin and Ethereum, and you would get something similar to Cardano. The first proclamation of Cardano’s team is to be the “first block chain project developed from a scientific philosophy”.

Cardano partnered with IHOK and a large team of academics. Cardano uses a test test algorithm known as Ouroboros that claims to be able to defend against many of the attacks that affect the blockchain while keeping the door open for further development. Ouroboros tries to protect the privacy of users and also create “side chains”.

Read more at: http://www.crypto-economy.net/knowing-cardano-protocol/?lang=en