🤔 What is cardano? Cardano, also known by the ADA market ticker, is a layer 1 blockchain designed to be a sustainable, flexible and scalable blockchain for developers to launch applications and deploy smart contrasts. ⚙️ How does cardano work? Cardano operates in a modified version of the Proof-of-Stake known as the Ouroboros protocol. Ouroboros claims to be the first proof-stake protocol proven safely and the first Blockchain protocol based on pairs reviewed. Cardano's website even publishes all your searches reviewed by peers, so that anyone who wants to check their allegations can do so. 💡 What makes the cardano unique? A unique feature is the architecture of two layers of cardano. This includes a settlement layer, which is used to transfer value, such as the ADA cryptocurrency, and a control layer that is responsible for smart contracts and decentralized applications. 💰 Tokenomics from $ ad total, there will be only 45 billion ada tokens. Of this total of 45 billion, about 58% was allocated to the sale of the initial currency offer. About 11% was allocated to the team, and the final 31% were allocated to staking rewards that are slowly released over time. Time Markers ⏳ 00:00 Introduction 1:23 What is cardano? 3:34 How does cardano work? 4:57 What makes Chainlink unique? 6:16 Tokenomics from ADA
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