Polkadot ecosystem

Cardano supports currencies such as ada and native tokens , which act similarly in the network. However, ada is the principal currency that, at this time, is accepted as fee-payment, to make deposits, and is also the only currency in which rewards are distributed.

Cardano was created by Charles Hoskinson, a co-founder of Ethereum, another popular cryptocurrency, and it runs on a decentralized public ledger using blockchain technology . Blockchain manages and tracks the cryptocurrency, recording and ordering every transaction that occurs using it, like an endless receipt.