$ADA
ADA is the digital currency of the Cardano platform, and it is one of the most popular cryptocurrencies in the world.
About ADA:
Foundation of Cardano: Launched in 2017 by Charles Hoskinson, one of the co-founders of Ethereum.
Goal: To create a more secure, faster, and sustainable decentralized blockchain system compared to other currencies.
Technology: It relies on a Proof of Stake (PoS) mechanism instead of mining, making it environmentally friendly.
Uses:
Executing smart contracts.
Decentralized applications (DApps).
Money transfers.
Advantages of ADA:
Low transaction fees.
Fast transactions.
High security thanks to Ouroboros technology.
A project supported by an academic and research team.
