Cardano is a cryptocurrency blockchain project founded by Charles Hoskinson, co-founder of Ethereum. The goal is to conduct scientific investigations into recognized issues with prior blockchain initiatives and to provide remedies. The project, which began in 2015, intends to establish a decentralized platform for sophisticated, programmable value exchanges and smart contracts that are scalable and secure. Scientific approach, transparency, implementation with modular and functional language, openness to official institutions and regulators, and open source are the guiding principles.