What is Cardano (ADA)?
Cardano (ADA) is one of the world’s best-known cryptocurrencies and a blockchain platform focused on security, scalability, and sustainability. It is built using a scientific approach, with all updates peer-reviewed and thoroughly tested before being released.
Cardano was founded by Charles Hoskinson, who also co-founded Ethereum. The network uses its own consensus mechanism called Ouroboros, an energy-efficient form of Proof-of-Stake.
The ADA cryptocurrency is used for transactions, staking, and governance. Cardano supports smart contracts and decentralized applications and is considered one of the most ambitious challengers to Ethereum.
