$ADA Cardano (ADA) is a blockchain platform that aims to provide a more secure and scalable infrastructure for the development of decentralized applications and smart contracts. Founded by Charles Hoskinson, one of the co-founders of Ethereum, Cardano uses a unique proof-of-stake consensus mechanism called Ouroboros, which is designed to be energy-efficient. ADA is the native cryptocurrency of the Cardano network and is used for transactions and staking. The platform emphasizes a research-driven approach, with a focus on peer-reviewed academic work to guide its development. Cardano aims to create a more inclusive financial system and empower users globally.