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Cardano is a decentralized third-generation proof-of-stake blockchain platform. Whereas it shares traits and functions with different blockchain platforms like Ethereum, Cardano distinguishes itself from others by a dedication to peer-reviewed scientific analysis as constructing blocks for updates to its platform.
Three organizations are accountable for Cardano’s improvement: IOHK, Cardano Basis, and EMURGO. The primary two are non-profit foundations and the third is a for-profit entity. The IOHK, which is accountable for constructing Cardano, works with a staff of teachers unfold out internationally to supply analysis and assessment platform updates earlier than implementation to make sure that they’re scalable.12
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