Cardano is a proof-of-stake blockchain whose native currency is ada, commonly identified by the code ADA. Cardano documentation states that ada is the network’s principal payment unit: it is used to pay transaction fees, make protocol deposits and distribute staking rewards. One ada is divided into 1,000,000 lovelaces.
Cardano transactions use addresses and an unspent-output accounting model, and the minimum transaction fee is calculated from protocol parameters and transaction size rather than as a fixed percentage of the amount sent. The network also supports other native tokens, but those tokens do not replace ada for transaction fees. Where a casino accepts ADA, the Cardano address must match the supported network, and the operator may either retain the account balance in ada or convert the deposit after it arrives.
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