Cardano

With a leading team of engineers, Cardano exists to redistribute power from unaccountable structures to the margins – to individuals – and be an enabling force for positive change and progress.How does Cardano work?Cardano’s native blockchain is divided into two separate layers to fulfill different tasks and improve overall efficiency. They are:

Cardano Settlement Layer (CSL): Used to facilitate peer-to-peer transactions of ADA-native tokens

Cardano Computational Layer (CCL): Used to execute smart contracts

The Cardano blockchain operates using a proof-of-stake (PoS) consensus mechanism for discovering new blocks and adding transaction data to the blockchain, called “Ouroboros.” This PoS system involves ADA holders locking up, or “staking,” their coins in pools operated by other participants or becoming operators of stake pools themselves.