Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers. ADA is the digital currency which fuels the Cardano platform. Its primary motive is to provide quick and safe currency exchange and allow users to operate various Smart Contracts and applications seamlessly. Staking gives a user the power to control various Cardano SL algorithm parts, for example: being the slot leader, voting in the Update system, taking part in MPC/SSC.