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What Is Cardano (ADA)?

By Lyle Daly – Updated Jan 1, 2025 at 12:59PM

Key Points

  • Cardano uses a proof-of-stake protocol, enhancing transaction validation efficiency and energy conservation.
  • Investors can earn passive income by staking ADA tokens, offering a method to gain rewards.
  • Cardano's thorough peer-review process ensures high-quality updates but can delay development.
Key findings are powered by ChatGPT and based solely off the content from this article. Findings are reviewed by our editorial team. The author and editors take ultimate responsibility for the content.

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