The Cardano blockchain is a 3rd generation blockchain platform that was designed with a collaborative peer-to-peer review system, It aims to improve upon prior blockchain systems to enable larger and more sustainable uses of the technology.
Cardano was built with a governance model that is based on collaboration. This allows the platform to evolve quickly and adapt to the changing needs of its users. Unlike many other blockchain projects, it also installed a treasury system to fund the ongoing development needs that may arise as it moves forward.
The Cardano blockchain uses a unique proof of stake algorithm called Ouroboros and has a protocol that consists of two layers, a settlement layer and a control layer. The settlement layer is designed to perform accounting functions, while the control layer is tasked with running smart contracts. The platform tries to balance the privacy concerns of users with the requirements of regulators in an effective way.
Cardano uses the Haskell programming language and is fueled by the ADA coin

VITE is building a DApp development platform that will allow developers to issue their own tokens that can then be traded on their built-in decentralized exchange. The VITE network is currently powered by the Ethereum-based VITE token.