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Hey guys! Welcome back to our channel, I'm Andrew from Atomic Wallet and today there’s a super interesting blockchain project that we want to shed some light on.

Do you wanna guess as to what cryptocurrency that might be? Wait, did you just say Cardano? Well, you got that right, that’s what we will be focusing on in this video!

Now to get down to business here, as I explain what Cardano is and why it’s a solid blockchain project that will undoubtedly go a long way. How was Cardano created? Okay, so in the year 2015, Charles Hoskinson and Jeremy Wood decided to leave Ethereum to work on a masterpiece. They also decided to name the token ADA after Ada Lovelace who is a 19th-century mathematician.

Additionally, Cardano is a proof-of-stake blockchain that uses Mathematicalprinciples within its consensus mechanism and unique multilayer structure. I know this sounds a bit technical. But think of it this way, Cardano is a very secure blockchain that does not need to be mined with electricity like Bitcoin. It is proof of stake where a user locks up their tokens to earn more tokens as a reward. This also allows the holders of ADA- the native cryptocurrency of the Cardano blockchain to vote. (partial script)