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en-wikipedia-org-2588		Cardano (blockchain platform) - Wikipedia			.html	text/html	1884	328	66	After leaving he co-founded IOHK, a blockchain engineering company, whose primary business is the development of Cardano, alongside the Cardano Foundation and Emurgo.[9] The platform is named after Gerolamo Cardano and the cryptocurrency after Ada Lovelace.[10] Cardano uses a proof-of-stake protocol named Ouroboros[12] in contrast to Bitcoin and Ethereum which use proof-of-work protocols.[13] Proof-of-stake blockchains use significantly less energy than proof-of-work chains.[13] In February 2021, Hoskinson estimated the Cardano network used 6 GWh annually, less than 0.01% of the 110.53 TWh used by the Bitcoin network as estimated by the University of Cambridge.[14][15] Cardano reached a "market cap" of $77 billion in May 2021 and was considered the biggest proof of stake cryptocurrency.[16] [17] IOHK's key project: Cardano, a public blockchain and smart-contract platform which hosts the Ada cryptocurrency. https://www.fool.com/the-ascent/cryptocurrency/articles/why-cardano-could-be-an-ethereum-killer/ What distinguishes Cardano from Ethereum, and from many other cryptocurrencies, is that it is (one of the first) blockchain projects to be developed and designed from a scientific philosophy by a team of leading academics and engineers	./cache/en-wikipedia-org-2588.html	./txt/en-wikipedia-org-2588.txt