What is Cardano?

Cardano (ADA) is a project envisioned by one of Ethereum's original creators. Charles Hoskinson, a mathematician, wanted a scientifically provable cryptocurrency. Designed to be an improvement upon Ethereum, the smart contract platform Cardano and its transactional currency ADA came to be. The Cardano protocol was refined by academic peer review and later coded in Haskell (a mathematically provable programing language), thus providing added security. The layered architecture of Cardano splits the platform in a transactional layer Cardano Settlement Layer (CSL) and a smart contract layer Cardano Computation Layer (CCL) for better smart contract flexibility. A unique consensus protocol - Ouroboros is used allowing any ADA holder to become a Slot leader (block creator) in a specific period of time called a slot. The Cardano platform’s goal is to become the “Internet of blockchains”, where multiple different blockchain systems can interact and cryptocurrencies can be seamlessly excha