Proof of Stake

As of 2025, Bitcoin (BTC) and Ethereum (ETH) remain the undisputed titans of the cryptocurrency world. Their dominance is not only a reflection of their historical importance but also of their continued relevance in driving market sentiment, innovation, and institutional interest.

Historical Background and Founding Team

Cardano, the blockchain platform behind the ADA cryptocurrency, was launched in 2017 by Input Output Hong Kong (IOHK), a blockchain research and development company founded by Charles Hoskinson and Jeremy Wood.

As the blockchain space matures, new and existing networks vie for dominance in scalability, speed, developer experience, and ecosystem growth. Two standout contenders are Solana (SOL) and Sui (SUI).