🚀 What is $ADA? It is the digital currency of the Cardano network, a third-generation blockchain project founded by Charles Hoskinson (one of the co-founders of Ethereum).
🧠 What is the idea behind Cardano?
Cardano aims to build a smart, secure, scalable, and environmentally friendly blockchain network using the Proof of Stake (PoS) algorithm known as Ouroboros.
💡 Its features:
✅ Fast transactions with low fees
✅ Strong focus on scientific research and academic reviews
✅ Environmentally friendly compared to Bitcoin and Ethereum
✅ Support for smart contracts (DeFi and NFT projects)
🌍 Its main uses:
👉 Running decentralized applications (dApps)
👉 Issuing tokenized assets (Tokens)
👉 Digital identity solutions and supply chains
📈 Currency performance:
$ADA It reached a peak of around $3 in 2021, but like the rest of the market, it experiences strong fluctuations.
⚡ Why does it provoke controversy?
Some see Cardano as slow in development, while others praise its scientific rigor and its avoidance of empty promises.