Decentralization: to D=0 Day and beyond
Stake pool operators today take over block production and their role is set only to grow
31 March 2021 7 mins read
Today at 21:44:51 GMT, block production on Cardano will be fully decentralized. That is a watershed. From a federated network of seven core nodes run by IOHK, Emurgo, and the Cardano Foundation, we’ll emerge into a decentralized landscape where the stake pool operator (SPOs) community will produce 100% of blocks.
Cardano is a proof-of-stake blockchain platform, founded on peer…
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 6 mins read
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…
Blockchain Africa 2021: Charles Hoskinson's keynote speech
The following is a lightly edited transcript from Charles Hoskinson’s speech on March 18th, 2021 at Blockchain Africa 2021 outlining IOHK’s vision for Africa.
22 March 2021 13 mins read
Africa and the topic of banking and the unbanked, the topic of economic identity, is something that's near and dear to my heart. More than 10 years ago, I was using Kiva, a microfinance lending platform, and it awoke a long journey of mine to read books like Muhammad Yunus’ Banker for the Poor and start having a discussion about the question: why does the world have fractured…
Momentum continues as Coinbase lists ADA and Bloomberg adds Cardano
Cardano reaches another important milestone as financial data powerhouse Bloomberg adds Cardano to its ‘Terminal’ real-time market information platform and leading exchange Coinbase lists ADA
17 March 2021 4 mins read
While their impact on Roman emperor Julius Caesar was less than favorable, the Ides of March have proved propitious for Cardano, as ada has this week been listed on Coinbase Pro and also added to the prestigious Bloomberg Terminal. These are both major developments, reinforcing Cardano's position in the cryptocurrency landscape. One brings ada to an entirely new customer base…
Cardano’s Extended UTXO accounting model – built to support multi-assets and smart contracts (part 2)
In the second part of our blog on Cardano’s EUTXO accounting model, we take a more technical look at transaction components, the UTXO set, and delve deeper into the rationale for Cardano’s EUTXO model
12 March 2021 5 mins read
Yesterday we offered an overview of the Extended UTXO model employed by Cardano, explaining how it differs from the approaches taken by Bitcoin and Ethereum. Now let’s dive a little deeper into inputs and outputs, the component parts of a transaction.
We need to talk about transactions: Outputs and Inputs
The term transaction usually evokes financial echoes. While such meaning…