Why the Cardano blockchain for the OTK?

Cardano has several features and benefits that differentiate it from other blockchain platforms and on balance seemed the natural choice for the OTK project. Some of the key advantages of Cardano include:

Security: using a proof-of-stake consensus algorithm called Ouroboros, which is designed to be more secure and energy efficient than proof-of-work algorithms used by other blockchain platforms.

Scalability: designed to be scalable, allowing it to handle a large number of transactions per second.

Interoperability: aims to be interoperable with other blockchain platforms, allowing it to communicate and exchange data with them.

Sustainability: a robust governance model that is designed to be sustainable over the long term, allowing it to adapt and evolve as needed.

Development focus: committed to building a platform that is easy to use and understand, and that is built on strong scientific and academic foundations.

Formal verification: the first blockchain platform to use formal verification, a methodology used to mathematically prove the correctness of code. This makes it one of the most secure and reliable blockchain platforms available.

Overall, in our view, Cardano is a highly advanced and feature-rich blockchain platform that offers a number of sustainable and secure benefits to us as a project and to the OTK community.