Exploring Cardano (ADA)๐ฅธ๐ฅธ๐๐
Cardano's Scalable and Sustainable Blockchain Platform
#Cardano s a blockchain platform built for smart contracts. It helps developers make decentralized finance apps, crypto tokens, and games. ADA is its native cryptocurrency.
Like Ethereum's ETH, ADA lets users store value, make payments, and stake on the network. Cardano uses an energy-efficient proof-of-stake system called Ouroboros.
This is different from energy-heavy proof-of-work models. The blockchain has two layers: the Cardano Settlement Layer for transactions and the Cardano Computing Layer for smart contracts.
This setup can boost transaction processing up to 1,000,000 transactions per second. Cardano's native tokens allow secure, low-fee interactions with smart contracts, improving blockchain efficiency and scalability.