The Cardano Foundation, a nonprofit organization that oversees the development and adoption of the Cardano (ADA) blockchain, made an exciting announcement today.
In a tweet released yesterday, the foundation said:
"An exciting announcement is coming tomorrow (27.04.2023)!”
The tweet did not provide any details on the nature of the announcement, but it sparked a lot of speculation and excitement among the Cardano community.
The Cardano Foundation is one of three organizations that contribute to the Cardano ecosystem, along with IOHK, the research and development company behind Cardano, and Emurgo, the commercial arm that promotes adoption and innovation.
— Cardano Foundation (@Cardano_CF) April 26, 2023
Cardano is a blockchain platform that aims to produce a fairer, more transparent and sustainable world through decentralized technologies.
It uses a proof-of-stake consensus protocol called Ouroboros, which is designed to be secure, scalable, and environmentally friendly. Cardano's native token is ADA, which can be used for transactions, smart contracts, and governance on the network. Cardano was founded in 2017 by Ethereum co-founder Charles Hoskinson.
*Not investment advice.