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Which blockchain network does Cardano use?

avatarJeff HatchNov 23, 2021 · 3 years ago3 answers

Can you tell me which blockchain network Cardano uses for its operations? I'm interested in understanding the underlying technology behind Cardano.

Which blockchain network does Cardano use?
Blockchain
Cardano
Cryptocurrency

3 answers

  • avatarNov 23, 2021 · 3 years ago
    Cardano uses its own blockchain network called the Cardano Settlement Layer (CSL) for its operations. It is a proof-of-stake blockchain platform that aims to provide a secure and scalable infrastructure for the development of decentralized applications. The CSL is designed to support smart contracts and enable the transfer of ADA, the native cryptocurrency of Cardano.
  • avatarNov 23, 2021 · 3 years ago
    Cardano utilizes its own blockchain network known as the Cardano Settlement Layer (CSL). This blockchain network is specifically designed to support the ADA cryptocurrency and enable the execution of smart contracts. The CSL employs a proof-of-stake consensus mechanism, which ensures the security and efficiency of the network.
  • avatarNov 23, 2021 · 3 years ago
    Cardano relies on its own blockchain network, the Cardano Settlement Layer (CSL), for its operations. The CSL is a decentralized platform that utilizes a proof-of-stake consensus algorithm. It provides a secure and scalable infrastructure for the execution of smart contracts and the transfer of ADA. With its focus on sustainability and scalability, Cardano aims to revolutionize the blockchain industry.

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