Cardano (ADA)
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What Is Cardano?
Cardano (ADA) is a proof-of-stake blockchain platform focused on sustainability, scalability, and academic research. It was founded by Charles Hoskinson, a co-founder of Ethereum.
Cardano supports smart contracts and decentralized applications, with a layered architecture that separates settlement and computation. It’s known for peer-reviewed development and strong community support.
ADA is the native token used for staking, governance, and transactions on the Cardano network.
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- Launch Year: 2017
- Consensus: Proof of Stake (Ouroboros)
- Max Supply: 45 billion ADA
- Use Cases: Smart contracts, staking, governance