$ADA is the digital currency of the Cardano project, one of the most prominent third-generation blockchain projects, aimed at solving scalability and interoperability issues in a scientific and systematic way. Cardano was developed by IOHK, led by Charles Hoskinson, one of the co-founders of Ethereum. It relies on a Proof-of-Stake mechanism through the Ouroboros protocol, making it more energy-efficient. Cardano supports smart contracts and aims to provide a secure and sustainable infrastructure for decentralized applications. ADA is used in governance, fees, and staking, and its community strongly believes in its long-term vision. $BNB
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