*Updated 1/19/2018 What is Cardano? The Cardano Project (aka “Cardano”) is a 3rd generation blockchain platform for smart contracts and a cryptocurrency called “ADA“. Cardano has capabilities similar to Ethereum, in that it is a decentralized, open source, blockchain platform for smart contracts for distributed application development, and also a cryptocurrency (aka a coin). That’s pretty much where the similarities stop… Why is Cardano Considered a 3rd Generation Blockchain? The blockchain community was built on the concept of eliminating trusted third parties through distributed applications (dApps). And, in the nascent blockchain…
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