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Cardano's secure switch to decentralization

The event will be ushered in with a ‘public assertion of randomness’, featuring entropy infused by the community

29 March 2021 Prof Alexander Russell 6 mins read

Cardano's secure switch to decentralization

The security of proof-of-stake blockchains is provided by a mutually dependent relationship between its native token and the consensus mechanism that powers it: after all, electing nodes to issue blocks according to their stake requires a consistent global view of the stake distribution, while maintaining consistency itself requires a fair election mechanism. Indeed, the name…

Prof Alexander Russell

Prof Alexander Russell

Senior Research Fellow

Academic Research