Scientific blockchain project: Cardano

Cardano the first blockchain, considered a scientific one and a third-generation blockchain for its scalability and stability, under a layered design that gives flexibility, ease of maintenance, and the possibility of updates through soft forks.

Its scientific approach and peer-reviewed academic research offer a cryptographic development capable of producing a large volume of financial transactions with stability guaranteed by cryptography.

What refers to the scientific blockchain designation is:

• Its development starts from a scientific philosophy and is developed by a universal team formed by academics and engineers of the blockchain society.
• Its differentiation from other blockchains is that its 2-layer composition works to make smart contracts more flexible, giving developers the ability to tailor their design, privacy, and execution mode.

Cardano teams are developing a new programming language for developing Smart Contracts on the CCL, Plutus. To support developers, Cardano will include a referenced library of Plutus code for use in dApps.

The blockchain also has a KMZ Sidechains protocol that makes it possible to securely move funds from the CSL to any CCL or external blockchain that uses the same protocol.

With Cardano, in addition to the aforementioned layers, you can leverage the overriding regulatory compliance and low KYC (Knows your customer) pricing and reach millions of unbanked individuals.

A final advantage of Cardano is that chains like Ethereum add a sequence of components that endow the blockchain with more scalability and interoperability.

We conclude with the fact that this blockchain has a very interesting strategy and is betting on sustainability, but there is still a lot of work to be done to popularize the concepts behind it.