#ada It is a proof-of-stake blockchain network that can run smart contracts and digital applications on its ecosystem. It can be said to be the beginning of the third generation of digital currencies. Its founder, Charles Hoskinson, left his position at Ethereum in 2015 to create what is now considered one of the most promising projects in the field. Its native token, ADA (named after the English mathematician Ada Lovelace), was launched in 2017 and is designed to oversee governance and encourage participation in its system.