$ADA Cardano (ADA) is a decentralized public blockchain and cryptocurrency project that focuses on providing a secure, scalable, and sustainable platform for the development of smart contracts and decentralized applications (dApps). The ADA coin is used for transactions and staking, allowing holders to participate in the network's consensus process and earn rewards. Cardano's native cryptocurrency, ADA, is named after Ada Lovelace, often considered the world's first computer programmer. The project aims to provide a more secure and efficient way to conduct transactions and execute smart contracts, with a focus on peer-reviewed research and formal verification techniques.