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What is Cardano ($ADA )? Cardano ($ADA ) is a decentralized blockchain platform designed to provide security, transparency, and sustainability. It was founded in 2017 by Charles Hoskinson, one of the co-founders of Ethereum. Cardano aims to enable fast, low-cost, and energy-efficient transactions. It uses a Proof-of-Stake (PoS) consensus mechanism, which is significantly more energy-efficient than Bitcoin and Ethereumโs Proof-of-Work (PoW) system. The native token of the Cardano network is ADA, which allows users to make transactions, earn rewards through staking, and participate in network governance. Cardano follows a three-phase development model: Byron, Shelley, and Goguen, each designed to improve the network gradually. With its speed, security, and low transaction fees, Cardano is considered a competitor to Ethereum, Solana, and Polkadot. Because of these features, ADA is seen as a promising long-term investment option. #USCryptoReseve
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