Orca Crypto
Layer 1

Cardano

A research led chain that ships slowly and formally verifies as it goes.

Updated 2026-08-305 min readReference
The short answer

A research led chain that ships slowly and formally verifies as it goes. Cardano publishes peer reviewed research before writing code. That makes it slower to ship and unusually careful about what it does ship.

Live market data

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What Cardano is for

Cardano publishes peer reviewed research before writing code. That makes it slower to ship and unusually careful about what it does ship.

Technical summary

PropertyValue
LayerLayer 1
Launched2017
ConsensusOuroboros proof of stake
ThroughputAbout 10
FinalityProbabilistic, minutes
Native tokenADA pays fees, is staked, and is locked as deposits

Block explorers

An explorer lets you verify any transaction, address or contract on this network yourself. Learning to read one is the fastest way to stop taking anyone's word for anything.

How to read a block explorer

Wallets that support it

What to be aware of

  • Validator concentration varies widely between layer 1s and is worth checking rather than assuming.
  • Newer chains have shorter track records under real adversarial pressure.
  • Crypto assets are volatile. Drawdowns of seventy percent or more have happened on every network in this list, including the largest.
  • Sending to an address on the wrong network can lose funds permanently. Always send a small test amount first.

Nothing on this page is investment advice. We describe how networks work, not whether you should buy anything.

Where to go next

New to Cardano?

We can get you set up with the right wallet, funded, and through a first transaction on this network in about an hour, on a screen share.