$ADA is the native cryptocurrency of the #Cardano #Blockchai platform. Cardano is known for its:
1. Scalability: Cardano's Ouroboros consensus algorithm aims to provide high transaction capacity.
2. Sustainability: Cardano focuses on energy efficiency and environmental sustainability.
3. Interoperability: Cardano enables cross-chain compatibility and interaction.
ADA is used for:
1. Transaction fees: Paying fees for transactions on the Cardano network.
2. #staking : Participating in the network's consensus mechanism.
3. Governance: Voting on proposals for the platform's development.