Cardano and Ethereum are two of the most recognizable projects in the crypto space, and today, we will analyze the two in our Cardano vs Ethereum comparison.
What Is Cardano?
Cardano is a blockchain project that was designed to support smart contract functionality.
The project was developed in 2015 by an organization called Input Output Hong Kong (IOHK), led by Ethereum co-founder Charles Hoskinson. While Ethereum is regarded as a second-generation blockchain, Cardano claims to be a third-gen blockchain.
The native crypto of the Cardano platform is ADA coin, that can also be used to conduct transactions over the network.
The project is led by a team of scholars, researchers, and scientists, who are working together for the long-term objective of providing fast, cheap, and highly scalable transactions.
Unlike most blockchains that come to life by forking, the ADA team built their own protocol from scratch by using the Haskell programming language.
What Is Ethereum?
Ethereum was created back in 2015 by Vitalik Buterin, and it is…