Table of Contents
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 Stake | APR 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