Basics of Cardano (ADA) [Explained in 3 minutes]
What is Cardano?
In this video I will cover the basics of Cardano/ADA for beginners.
I will go over some of the main features as well as the proof-of-stake protocol for Cardano/ADA called Ouroboros.
n 2015 the Cardano Foundation founded Cardano.
Cardano is a platform composed of a settlement layer to handle cryptocurrency transactions.
And a computing layer which is built to handle smart contracts.
The idea here is to separate the accounting of transactions from the reasons why transactions are being performed.