Cardano (ADA) 🌱
Cardano, launched in 2017 by Ethereum co-founder Charles Hoskinson, is a public, decentralized blockchain platform renowned for its research-driven approach and scientific philosophy. It aims to provide a more scalable, secure, and sustainable blockchain for dApps and smart contracts, leveraging a unique proof-of-stake consensus mechanism called Ouroboros.
ADA is the native cryptocurrency of the Cardano network, used for transaction fees, staking, and participating in network governance. Cardano's layered architecture and commitment to formal verification are designed to build a robust and future-proof blockchain capable of supporting large-scale applications and fostering global financial inclusion.
