Crypto Gems

Cardano Explained In 5 Minutes, Price Action & New Upates!


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What Is Cardano (ADA)?
Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change.

To learn more about this project, check out our deep dive of Cardano.

The open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent and fair.

Cardano was founded back in 2017, and named after the 16th century Italian polymath Gerolamo Cardano. The native ADA token takes its name from the 19th century mathematician Ada Lovelace, widely regarded as the world’s first computer programmer. The ADA token is designed to ensure that owners can participate in the operation of the network. Because of this, those who hold the cryptocurrency have the right to vote on any proposed changes to the software.

The team behind the layered blockchain say that there have already been some compelling use cases for its technology, which aims to allow decentralized apps and smart contracts to be developed with modularity.


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In August 2021, Charles Hoskinson announced the launch of the Alonzo hard fork, causing Cardano price to surge, gaining 116% in the following month. On Sept. 12, 2021, the Cardano ‘Alonzo’ hard fork officially launched, bringing smart contract functionality to the blockchain. Over 100 smart contracts were deployed in the following 24 hours after the launch.

Cardano is used by agricultural companies to track fresh produce from field to fork, while other products built on the platform allow educational credentials to be stored in a tamper-proof way, and retailers to clamp down on counterfeit goods.

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28 Comments

  1. Awesome review and great thumbnails.Thank you so much for sharing this video. I hope you grow more and more, Everyone needs this video.it will really be useful for a large part of your audience,

  2. wow very helpful and informative video i must try to this in my pc 👍👍👍

  3. I have learnt in recent months is to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in panic when everything goes down and not to buy in euphoria when everything goes up. I will advise you all to forget predications and start making a good ptofits now because feature valuations are all speculations and guesses. The market is very unstable and you can not tell if it’s going bearish or bullish. While myself and others are being patient for the prove to skyrocket, I would say trading has been going smoothly for me.. I started with 1BTC and I have accumulated over 2.6BTC in just three weeks, with my masterclass trading strategy..

  4. I found that Cardano is being built in five stages: foundation, decentralization, smart contracts, scaling, and governance. if that's the case then why it market capital still going down?

  5. I love this video for the content about my favorite crypto " ADA " is so interesting and worth watching! Thanks a lot for this video you shared💖

  6. You have provided very informative video about cardano. I always like your content. Keep uploading.

  7. wow this is a great video which gives me a lot of useful information about Cardano (ADA), thanks for sharing !

  8. This video is so interesting and easy to understand, good imformation about Cardano, This is what I'm looking for, thank you so much.

  9. The way she explained the material is very neat, and understanable, the main point of the material is explained well

  10. Thanks for sharing video. I am looking for Cardano clip and your review is so helpful for me. Keep it up.

  11. According to a blog post by Input Output Global (IOG), the development team working on the Cardano network decided to postpone the Vasil upgrade to next month during an evaluation call last Friday. The blockchain token, the ADA, has dropped up to 6% between Tuesday and Wednesday after the news.

  12. I'm always day trading cardano thanks for shearing this video this helped me lot keep updating this kind of video

  13. Amazing video, splendid tutorial, I will follow all your tips on Cardano price action and new updates I will follow all the information they are fantastic. Thank you for passing on your knowledge.

  14. It's an excellent project for the year 2022, you have good expectations for it. will evolve a lot during the year. thanks for your tips your knowledge about cryptocurrencies is amazing, congratulations!!..

  15. Amazing video, splendid tutorial, I will follow all your tips on Cardano price action and new updates I will follow all the information they are fantastic. Thank you for passing on your knowledge.

  16. Glad to see this informative tutorial about cardano. Got many answers related to this project. Keep helping like this.

  17. Really love this project!! Amazing amazing!! Thank for sharing this to the world.

  18. Exactly what i was looking. you cleared all my doubts about Cardano. This is very helpful.

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