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Cardano

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What is Cardano? #

“Cardano is a proof-of-stake blockchain platform: the first to be founded on peer-reviewed research and developed through evidence-based methods.” #

Cost To StakeAPR Per Node
$631K+5.27%+​

Profile #

  • Launched in 2017​
  • Current Market Cap: $19,182,063,626​
  • Started as proof of stake implementation by Ethereum co-founder​
  • Currently has 2,076 validator nodes staking​
  • Requires 1,000,000 ADA to stake a node (No max limit to staking)​
  • Staking produces 5.27% APR returns on ADA staked ​
  • Natively support delegated staking​
  • Destaking/Unbonding: Instant​
  • Slashing/Penalties: None​
  • Supports Smart Contracts and NFTs​

Node Requirements #

Looking to roll your own node? Here is what’s required. #

  • 4 vCPU cores​
  • 12 GB RAM​
  • 30 GB SSD​
  • 3 Mbps Up/Down ​
  • A public IP4 address​

5 Year Outlook #

Based on our research at StaaS Fund, here are the long term expectations for this asset. #

  • Cost to create/buy/sell NFTs is competitive​
  • Proven smart contract and NFT platform rapidly growing​
  • Adoption will increase significantly​

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