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Cardano Blockchain

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Category: L1

Cardano

Cardano provides a blockchain platform for building decentralized applications and smart contracts using a proof-of-stake consensus mechanism. The platform uses the Ouroboros protocol to enable network security through staking while maintaining energy efficiency. Multiple independent entities collaborate to advance Cardano through research-driven development and community governance.
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Funding Rounds

Funding Round: Unknown
Funding Date: 1 May, 2017
Raised Amount: $62M