#tradingoparetion

Cardano ($ADA) is a decentralized blockchain platform focused on sustainability, scalability, and transparency. Founded by Charles Hoskinson, a co-founder of Ethereum, Cardano uses a proof-of-stake consensus mechanism called Ouroboros, which is energy-efficient and secure. It supports smart contracts and decentralized applications (dApps), making it a competitor to Ethereum. Cardano’s development follows a research-first approach, using peer-reviewed academic research to guide upgrades. The ADA token is used for transactions, staking, and governance on the network. Cardano is built in multiple phases, including Byron, Shelley, Goguen, Basho, and Voltaire, each introducing new features. Its layered architecture separates the settlement and computation layers, enhancing flexibility and security. Cardano aims to provide financial services to unbanked populations worldwide.