ADA is the native cryptocurrency of the Cardano blockchain, a decentralized platform designed to offer a more secure and scalable infrastructure for smart contracts and decentralized applications. Developed by Input Output Hong Kong (IOHK), Cardano uses a unique proof-of-stake consensus mechanism known as Ouroboros, which aims to be more energy-efficient than proof-of-work models. ADA coins can be used for staking, transactions, and governance within the Cardano network. With its focus on academic research and peer-reviewed development, Cardano strives to solve scalability and sustainability issues that many other blockchain platforms face. #Cardano #ADA #Blockchain #Cryptocurrency