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…
Cardano’s Extended UTXO accounting model – built to support multi-assets and smart contracts
Cardano uses an innovative Extended UTXO accounting model to support multi-assets and smart contracts. In the first of a two-part blog, we look at the different blockchain accounting systems and why EUTXO matters
11 March 2021 5 mins read
Blockchain networks are complex data structures. Transactions continuously crisscross the chain, creating digital footprints that require careful tracking and management to maintain the integrity and reliability of the underlying ledger.
Two major accounting ledgers exist in the blockchain space: UTXO-based blockchains (Bitcoin, for instance), and Account/Balance chains…
Not long till 'd' (=0) day
We are fast approaching full decentralization of block production on Cardano. It's a good time to reflect on the network’s evolution
4 March 2021 8 mins read
At the end of March, we’ll reach another milestone for Cardano when we’ll see d, the parameter that governs what percentage of transactions are processed by the genesis nodes, get to zero. At this point, responsibility for block generation will be fully decentralized. In other words, Cardano’s network of 1,800+ community pools will be solely responsible for producing blocks.
D=0 day will be a landmark moment in Cardano's continuing journey. When we deployed the Shelley update back in July 2020, d was set to an initial 1.0, meaning that every block was produced by IOHK’s network of federated nodes. Of course, this was the antithesis of…
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