Cardano Updates

Ouroboros Leios

Not featured a CH vid for a while. Some details in this one in the planned improvements to the base layer of Cardano consensus and block propagation which will enable the system to scale to hundreds of millions of users. We will write some more on this topic soon. In the meantime worth a watch…

Interesting links

Proof Of Stake

You probably already know that Cardano uses an algorithm known as Proof of Stake (PoS) to secure the blockchain, and maintain consensus between validators. You might also know that Ethereum is planning to transition to PoS to unlock some of the same benefits enjoyed by Cardano such as faster transaction speeds, lower transaction costs, reduced…

Cardano Community

PoS versus PoW

Charles has just put out a great video (triggered by some comments from Jack Dorsey about the relative merits of Proof of Work) that explains Proof of Stake and some of the design decisions that fed in Ouroboros, the protocol that underpins the Cardano network. Detailed, but if you want a technical analysis this is…