$ADA *ADA* is the native cryptocurrency of the *Cardano* blockchain, designed to be a scalable, secure, and sustainable platform for smart contracts and decentralized applications (dApps).

🔹 Key Facts aboutADA:

- *Blockchain*: Cardano (Proof-of-Stake via Ouroboros protocol)

- *Use Cases*:

- Transaction fees

- Staking for network security

- Governance (voting on network proposals)

- *Token Supply*: Max supply of *45 billion ADA*

- *Founded by*: Charles Hoskinson, co-founder of Ethereum

- *Development Model*: Peer-reviewed, academic research-based (via IOHK, EMURGO, and Cardano Foundation)

🔹 Recent Focus Areas:

- *Hydra*: Layer-2 scaling for high-speed, low-fee transactions

- *Mithril*: Light client protocol for secure node syncing

- *Midnight*: Cardano’s sidechain for privacy-focused smart contracts

- *Interoperability*: Working on bridges with Ethereum and other chains

Cardano is often debated for its careful, slow-build approach—valued by long-term investors, criticized by short-term traders.

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