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ADA Coin Analysis | VASIL Hard Fork Update
2 years ago
1
ADA is the native cryptocurrency of the Cardano blockchain, which is an open-source, decentralized platform for building and deploying smart contracts and dApps. ADA is used to participate in the network's consensus process, as well as to pay for transactions and smart contract execution. Cardano is designed to be more energy efficient and scalable than other blockchain networks, and its development is led by the IOHK (Input Output Hong Kong) research and development company. ADA can be bought and sold on a number of cryptocurrency exchanges and can also be used to trade other digital assets.
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