A liquidity pool is a collection of funds locked in a smart contract, used by decentralized exchanges and other DeFi applications to facilitate trading by providing liquidity.
Cardano promotes access to legal services through blockchain technology, enabling transparent, secure, and affordable mechanisms for individuals to access legal information and representation via decentralized identity solutions, smart contracts, and dispute resolution platforms, empowering users to exercise their rights and access justice.
Cardano implements layer 2 scaling solutions such as state channels, sidechains, and off-chain computation layers that enable off-chain processing, aggregation, and settlement of transactions while maintaining the security and integrity of the main blockchain, improving throughput and scalability without sacrificing decentralization or security.
Cardano's layered architecture divides its protocol into the settlement layer (CSL) for transactions and the computation layer (CCL) for smart contracts, enhancing scalability and interoperability.
Cardano implements layer 1 and layer 2 scaling solutions such as sharding, state channels, and off-chain computation layers that improve transaction throughput.
A light node is a type of blockchain node that stores only a subset of the blockchain data, relying on full nodes for transaction verification.
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