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Built on the Ouroboros proof-of-stake protocol and Plutus smart contracts, Cardano's ecosystem is unusually academic — development is split across three organizations (Cardano Foundation, Input Output Global, and Emurgo). It has leaned into real-world pilots in Africa, including identity and supply-chain projects.

How it works

  1. Transaction submitted
  2. Ouroboros selects a validator
  3. Plutus contract executes
  4. Ledger updated
TickerADA
CategorySmart Contracts
Market dataCardano on CoinGecko

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