UTXO blockchains continue forward momentum with new collaborations
Alephium and DigiByte latest to join the alliance fostering innovative UTXO-based solutions
9 November 2021 5 mins read
In our previous blog post, we announced the collaboration between Ergo, Nervos, Topl, and Komodo – companies forming the UTXO alliance to jointly enhance interoperability, scalability, and programmability features of the UTXO-based blockchains. Today, we are delighted to announce that Alephium and DigiByte are also joining the alliance to pioneer improvements of the UTXO…
Mithril: a stronger and lighter blockchain for better efficiency
A new IOHK-developed protocol acts as a stake-based threshold signature scheme allowing for transparent, secure, and lightweight stake leveraging
29 October 2021 10 mins read
At the Cardano Summit 2021, IOHK researchers Pyrros Chaidos and Roman Oliynykov presented the design and goals of Mithril – new research and engineering effort carried out by IOHK. Mithril will provide a stake-based threshold signature scheme that can be implemented as the protocol to solve chain synchronization, state bootstrapping, and trust issues in blockchain applications…
Ouroboros Chronos provides the first high-resilience, cryptographic time source based on blockchain technology
Designed to provide more accurate global timekeeping, Chronos ensures increased security and network resilience to communication delays
27 October 2021 5 mins read
Global time synchronization across any distributed network is essential to ensure its resilience.
From ensuring up-to-date information between all participants, maintaining accurate transaction processing and block creation, time synchronization is especially important in terms of smart contract deployment.
In collaboration with scientists from the Universities of Edinburgh…
UTXO alliance: fostering innovation and collaboration across the blockchain space
We’re partnering with other UTXO-based blockchains to cultivate innovative solutions to advance interoperability, programmability, and scalability
15 October 2021 9 mins read
At the Cardano Summit, IOHK announced a collaboration with Ergo, Nervos, and Topl to create the UTXO alliance. Today, we’re delighted to welcome a new alliance partner – Komodo.
Komodo is an open-source technology provider that offers all-in-one blockchain solutions for developers and enterprises. Komodo works closely with organizations that want to launch branded decentralized…
Concurrency and all that: Cardano smart contracts and the EUTXO model
Cardano’s EUTXO model provides a secure and versatile environment to process multiple operations without system failures
10 September 2021 7 mins read
Cardano is a UTXO-based blockchain, which utilizes a different programming paradigm for decentralized applications (DApps) from other account-based blockchains like Ethereum. The specific flavor Cardano uses is the Extended Unspent Transaction Output (EUTXO) model introduced by the Alonzo upgrade. EUTXO offers greater security allowing for smart contract execution cost…