What is Cardano (ADA)? and how it works.

In today's article, I will try to give you information about cardano, I hope it will be useful.

What is Cardano?

Cardano is a smart contract platform that focuses on security through a layered architecture, similar to Ethereum. The self-described “third generation blockchain” is the first of its kind created from scientific philosophy and built on peer-reviewed academic research. . The team behind Cardano is creating it with both the end user and regulators in mind.

How Does Cardano Work?
Cardano is developed in two layers that separate the general ledger of account values from the reason why values are moved from one account to another.
This distinction makes smart contracts on the platform more flexible.
Who is Behind Cardano?
Three organizations are working together to create Cardano. Cardano Foundation is based in Switzerland. IOHK is a leader in cryptocurrency development and research and has a platform development contract until 2020. Finally, Emurgo invests in startups and helps commercial ventures develop the existing Cardano blockchain.

Cardano Settlement Layer (CSL).
Cardano Settlement Layer (CSL) acts as the balance ledger and is the first layer of the platform.
Cardano Computation Layer (CCL) The Cardano Computation Layer (CCL) is the second layer of the Cardano platform and contains information about why transactions occur. Cardano smart contracts operate within this layer.
Features of Cardano Cardano stands out with its many features. Here are some:
1️⃣ Ouroboros:
It is the consensus algorithm behind Cardano. This is used to verify Cardano's transaction history and confirm new transactions.
2️⃣ Daedalus:
It is the official wallet of Cardano. This is used to store and transfer ADA tokens.
3️⃣ Smart Contracts:
Cardano allows users to create automated transactions. This allows Cardano to compete with other blockchains such as Ethereum.
The Future of Cardano The future of Cardano depends on the continued development of the platform. The team behind Cardano is constantly working to make the platform more secure, scalable and user-friendly. Additionally, Cardano's future success also depends on the overall state of the cryptocurrency industry.

Risks of Cardano Like every cryptocurrency, Cardano has certain risks. These include market fluctuations, technological issues and regulatory changes. Therefore, if you are considering investing in Cardano, it is important to do your own research first.

I hope you can get some idea.