What is ADA used for?
Ada is a digital currency. Any user, located anywhere in the world, can use ada as a secure exchange of value – without requiring a third party to mediate the exchange. Every transaction is permanently, securely, and transparently recorded on the Cardano blockchain.
Is ADA a good crypto?
Cardano has proven to be one of the most active and busiest digital assets in the crypto world in the past year. With that in mind, it’s wise to say that ADA is one investment option worth considering. Many experts predict Cardano to have a bright future in 2022.
What does ADA mean in Crypto?
“Ada” is Cardano’s digital currency and is named after Augusta Ada Lovelace, a 19th-century countess and English mathematician recognized as the first computer programmer.