#BinancePizza Cardano (ADA) is a proof-of-stake blockchain platform founded on peer-reviewed research and developed through evidence-based methods. Launched in 2017 by Charles Hoskinson, a co-founder of Ethereum, Cardano aims to provide a more balanced and sustainable ecosystem for cryptocurrencies. Its native cryptocurrency, ADA, is used for transaction fees and staking.

Cardano distinguishes itself through its layered architecture, separating the settlement layer (for ADA transactions) from the computational layer (for smart contracts). It employs a unique extended UTXO (EUTXO) model and its Ouroboros proof-of-stake protocol, which is designed for energy efficiency and scalability. The Cardano ecosystem is growing, with an increasing number of decentralized applications (dApps) being built on its network. Currently, 1 ADA is trading at approximately 233.88 Sri Lankan Rupees.