What is Cardano? ADA Explained with Animations

Summary

Whiteboard Crypto explains Cardano — a blockchain built with a research-first methodology. Covers the Ouroboros proof-of-stake consensus, the ADA token, the layered architecture, and how Cardano aims to bring financial services to the developing world.

Key Concepts

Things To Remember

• Cardano is developed by IOHK using peer-reviewed academic research.
• Ouroboros was the first formally verified Proof of Stake protocol.
• Cardano uses an extended UTXO model for smart contracts.
• ADA is the native token used for fees, staking, and governance.

Share This Lesson