$ADA $ADA, also known as Cardano, is a decentralized proof-of-stake blockchain platform that supports smart contracts and decentralized applications (dApps). Its native cryptocurrency, ADA, is named after Ada Lovelace, the world's first computer programmer. Here are some key features and uses of ADA ¹ ²:

- *Native Cryptocurrency*: ADA is used to pay transaction fees on the Cardano platform and can be delegated to a stake pool to earn staking rewards.

- *Governance*: ADA holders will have voting rights in the future, allowing them to participate in the decision-making process for the platform's development.

- *Scalability*: Cardano's blockchain is designed to be infinitely scalable, enabling multiple transactions to be processed simultaneously.

- *Security*: Cardano uses a proof-of-stake consensus algorithm called Ourobor