#MarketGreedRising Cardano (ADA) is a blockchain platform designed for scalability, sustainability, and security, using a proof-of-stake consensus called Ouroboros. Founded by Charles Hoskinson, a co-founder of Ethereum, Cardano aims to provide a decentralized ecosystem for smart contracts, decentralized applications (dApps), and financial services. ADA, the native token, is used for transactions, staking, and governance. Cardano emphasizes peer-reviewed research and layered architecture to ensure long-term growth. It’s known for its energy efficiency compared to proof-of-work blockchains like Bitcoin. With its focus on real-world applications such as supply chain tracking, identity management, and DeFi, ADA positions itself as a strong contender in crypto’s future.
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