$ADA Basic Information about ADA:

Symbol: ADA

Platform: Cardano Blockchain

Type: Cryptocurrency and Smart Contract Platform

Launched: 2017

Founder: Charles Hoskinson (one of the founders of Ethereum)

Consensus Mechanism: Proof of Stake – Ouroboros Protocol

Key Features of Cardano (ADA):

1. ✅ Proof of Stake (PoS): Lower energy consumption than Proof of Work (like Bitcoin).

2. 🧠 Based on Scientific Research: Each update is made after thorough academic review.

3. 📈 Scalable: Aims to support a large number of transactions per second.

4. 🔐 High Security: Thanks to the layered architecture of the system.