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What exactly is Cardano?

Designed and developed by  IOHK in conjunction with the University of Edinburgh, the University of Athens and the University of Connecticut, C ardano SL  (or Cardano Settlement Layer) is a Proof of Stake cryptocurrency based on the Haskell implementation of the white paper “Ouroboros: A Provably Secure Proof of Stake Blockchain Protocol ”by Aggelos Kiayias, Alexander Russell, Bernardo David and Roman Oliynykov.

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