Cardano is a decentralized blockchain platform that aims to provide a secure and scalable infrastructure for the development of decentralized applications and smart contracts. It utilizes a unique proof-of-stake consensus algorithm called Ouroboros, which ensures the security and efficiency of the network. Cardano's native cryptocurrency, ADA, is used for various purposes within the ecosystem, including staking, voting, and transaction fees. As one of the leading projects in the cryptocurrency space, Cardano has gained significant attention and support from the community. The ADA token is actively traded on various cryptocurrency exchanges, making it accessible to traders and investors worldwide.
