Why Choose Cardano?
Carano is a proof-of-stake (POS) blockchain ecosystem and is similar to others in the cryptoverse. It is unique though in it’s approach and peer-review based methodologies that is utilized in its development and implementation and is specifically driven by three focal points: scalability, interoperability, and sustainability.
This technology is revolutionary in many ways, such as how it has evolved from proof-of-work (POW) cryto technology, such as Bitcoin which can be harmful to the environment due to the high energy consumption required for mining activities. POS in contrast, does not require mining, but supporting delegation and staking instead.
When fully developed the Cardano platform will facilitate connectivity and communication between various industries and economies allowing for efficient and inexpensive transactions to take place seamlessly across the network. Additionally, this will allow for full visibility amongst the participants, fortifying the ideals of transparent and equitable interactions.