#ADA The Cardano project is a third-generation blockchain platform designed to address the limitations of scalability, sustainability, and interoperability found in earlier blockchains like Bitcoin and Ethereum. Developed by IOHK and led by Charles Hoskinson, Cardano uses a unique proof-of-stake consensus mechanism called Ouroboros. Its layered architecture separates the settlement and computation layers, enhancing flexibility and security. Cardano supports smart contracts and decentralized applications (dApps), aiming to serve real-world use cases in education, healthcare, agriculture, and identity systems. With continuous upgrades like Basho for scaling and Voltaire for governance, the ADA project aspires to create a decentralized, inclusive global financial system.$ADA