$ADA Research-oriented and long-term sustainable blockchain platform
ADA is the native token of Cardano, a third-generation blockchain developed with a scientific philosophy, using academic research methods and peer-reviewed evaluations. Cardano aims to address the limitations of Bitcoin and Ethereum such as scalability, transaction costs, and sustainability.
Based on the Proof of Stake (Ouroboros) consensus mechanism, ADA allows users to stake to validate transactions and receive rewards, while saving energy compared to PoW blockchains.