$ADA
ADA is the digital currency of the Cardano project, an open-source blockchain project aimed at running financial applications used by businesses, consumers, and governments worldwide. The Cardano project features a multi-layered development approach that allows a specialized team of programmers and engineers to easily maintain and upgrade the blockchain using soft forks.
*Current price and market information*
- Current price: $0.62
- Market capitalization: $22.48 billion
- Price change percentage: -2.15%
*Goals and features of the Cardano project*
- Providing a scalable, secure, and robust technology for running financial applications
- Combining consumer convenience with regulatory compliance to provide seamless solutions
- Using the Proof of Stake protocol to validate transactions
- Adaptability to end-user requirements
- Decentralization in the security and transaction validation process
- *Multi-layered blockchain*: The blockchain can be updated using soft forks without causing any issues to the other part
- *More adaptable*: A single smart contract can be modified to meet the needs of different users
- *Decentralization*: There is no single central entity with an unreasonable amount of control over the security and transaction validation process
- *Enhancing financial freedom*: Providing affordable and convenient solutions for money transfers
