What Is Cardano (ADA)?

Image Credit: Yahoo Finance

According to cardano.org, their purpose is as follows:

A platform built for a sustainable future, to help people work better together, trust one another, and build global solutions to global problems

Cardano is an open-source, decentralized, and public platform whose native token is ADA. Cardano was developed in 2015 by Charles Hoskinson, the co-founder of the proof-of-work (PoW) blockchain…