Information about $ADA cion
Cardano ($ADA) is a blockchain platform designed for scalability, security, and sustainability. Founded by Charles Hoskinson, a co-founder of Ethereum, Cardano uses a unique proof-of-stake consensus mechanism called Ouroboros, making it more energy-efficient than traditional proof-of-work blockchains. With smart contract capabilities launched in 2021, Cardano aims to provide decentralized applications (dApps) and financial solutions, particularly in developing regions. Its layered architecture enhances security and scalability, positioning it as a strong competitor in the crypto space. As adoption grows, $ADA remains a key player in blockchain innovation.
