Cardano: The Essential Guide

By Jesse Dvorak

"The future must be decentralized. Because it's not worth living in a future that isn't." - Charles Hoskinson, Cardano Founder Cardano is a 3rd generation blockchain focused on pushing power to the edges of civilization by enabling the creation of an alternative, revolutionary, decentralized financial operating system. Named after the 16th century Italian mathematician Gerolamo Cardano, this blockchain is the first to be based on academic research and peer-reviewed methodology - ensuring a robust "measure twice, cut once" approach. Since its launch by Charles Hoskinson in 2015, Cardano's innovative proof-of-stake consensus algorithm termed "Ouroboros" has become widely known for its security, sustainability, and ease of use. With over 3000 fully operational stake pools, Cardano is one of the most decentralized blockchains ever created. As the next generation internet, the decentralized Web3.0, continues to develop and overtake centralized legacy systems, technologically advanced blockchain networks will continue to integrate into the mainstream online experience. The creation of permissionless peer to peer transfer of value at low cost, coupled with the programmability of smart contracts, is enabling the creation of a new digital economy. Cardano is at the forefront of this new economy, and anyone looking to profit from this rapidly changing digital ecosystem is striving to understand the technological innovations and the essential social theory that is driving the transition. This book gives you everything you need to fully grasp the fundamentals of Cardano and efficiently interact with the blockchain - as an investor, a user, or even a developer. Featuring over 100 external links citing the most up to date information from current and reputable sources around the internet, you will learn: - Why decentralization is so important to the creation of Web3.0 and how Cardano handles this problem - What the blockchain trilemma is and Cardano's answer to it - Current projects being built and already running on the Cardano blockchain - The economic structure of Cardano and how it is maintained using proper financial incentives - What Cardano is doing to further the development of the decentralized finance (defi) space - How Cardano compares to other blockchains such as Bitcoin and Ethereum - Who Charles Hoskinson is and how his vision for Cardano has transformed the blockchain industry

• Format: Paperback
• Language: English
• ISBN: B0B6C7J78T
• ISBN13: 9798839974364
• Release Date: July 2022
• Publisher: Independently published
• Length: 131 Pages
• Weight: 0.44 lbs.
• Dimensions: 8.0" x 0.3" x 5.0"