Introduction to Ada Coin

Ada Coin (ADA) is part of the Cardano project. It was born in 2015 and has a deep academic and cultural background.

Technically, it utilizes the Ouroboros consensus algorithm, a proof-of-stake mechanism that is energy-efficient and effective, where the probability of nodes being selected as block producers is related to their stake. At the same time, the layered ecosystem provides good scalability.

In terms of issuance, the total supply is 45 billion coins, with corresponding presale and subsequent distribution rules.

Its application scenarios are quite broad; it can assist in cross-border remittances in the financial payment sector, play a significant role in identity verification and data management, and also participate in social governance and public welfare. Additionally, Ada Coin features compatibility and interoperability, aiming to become an important medium of exchange in the digital currency world, with promising development potential. However, its value fluctuations are also influenced by various market factors.