The Cardano blockchain ecosystem is an efficient technology platform for launching financial applications. The internal token of the cardano system is an ADA cryptocurrency operating in the Cardano Settlement Layer (CSL). CSL is the first layer in the distributed ledger, where transactions are processed between crypto wallets. To support decentralized applications, the Cardano Computation Layer (CCL) has been created.
The Cardano developers used the new secure programming language Haskell. As a consensus algorithm, the Cardano cryptocurrency network (ADA) uses the modernized Proof-of-Stake Ouroboros, created by Professor Aggelos Kiays. The creators call Cardano a next-generation cryptocurrency designed to expand the scope of digital coins and smart contracts in the global finance industry.
You can find out more in the cardano review on the Crypto Rating agency website. Crypto Rating applies an elaborate machine learning algorithms for evaluating the cryptocurrencies, ICOs and exchanges by various aspects of their performance.