Project overview

Cardano is a blockchain technology designed to build a new decentralised economy and democratize finance in emerging markets. Cardano will allow decentralised applications and contracts to be built and executed in a low-cost, secure and scalable way.

Blockchain has the potential to become a globally transformative technology, but current solutions have been hampered by a number of critical issues: lack of regulatory oversight, experimental software development with unproven security, poor governance that stifles updates and a lack of planning for the long term future of protocols.

The Cardano project is different: it openly addresses the need for regulatory oversight whilst maintaining consumer privacy and protections through an innovative software architecture.

The protocol features a layered blockchain software stack that is flexible, scalable, and is being developed with the most rigorous academic and commercial software standards in the industry. Cardano will use a democratic governance system that will let the project evolve over time, and fund itself sustainably through a visionary treasury system.


Project Road Map

IOHK has now released the settlement layer. This means you can transact, trade, and purchase Ada tokens fully independently of the computation layer.
The goal for the computation layer is to have a beta released by the first quarter of 2018. Once both settlement and computation layers are live, users will be able to setup a custom environment to build decentralised applications on the Cardano stack.
In 2019, IOHK intends to work on Cardano’s long-term scalability and augment its capabilities. As developers, IOHK has been contracted through 2020 to make sure Cardano is being adequately maintained. The goal is to create a sustainable ecosystem that is capable of funding and supporting itself.

On Bittrex as of 10/1/17

Cardano Foundation