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From Classic to Hydra: the implementations of Ouroboros explained

Ouroboros is the consensus protocol of Cardano. Here, we explain what it does and how it’s evolving

23 March 2020 Kieran Costello 9 mins read

From Classic to Hydra: the implementations of Ouroboros explained

With the recent BFT update to the Byron mainnet, and the freshly-published Hydra paper, you’ll probably have heard a lot about Ouroboros: the ground-breaking proof-of-stake consensus protocol used by Cardano. Developed as a more energy efficient and sustainable alternative to proof of work, upon which earlier cryptocurrencies – Bitcoin and, currently, Ethereum – are built…