Proof-of-stake protocol, Ouroboros, at Crypto 17

19 June 2017 Jeremy Wood 3 mins read

Proof-of-stake protocol, Ouroboros, at Crypto 17 - Input Output

Proof-of-stake protocol, Ouroboros, at Crypto 17

I am delighted to see the recent news coverage about the Ouroboros paper being accepted to Crypto 17, the most prestigious cryptography event of the year. No other blockchain protocol, apart from Bitcoin, has achieved this level of academic peer review. This is recognition from the academic community that this paper is a serious contribution to cryptography, in being the first…

A solution for scalable randomness

SCRAPE can handle far more users than previous solutions and can be applied to blockchain protocols, electronic voting, anonymous instant messaging and more

6 June 2017 Bernardo David 7 mins read

A solution for scalable randomness - Input Output

A solution for scalable randomness

It is well known that randomness is a fundamental resource for secure cryptographic schemes. All common encryption and authentication schemes are only as secure as their randomness sources are good. Using a poor randomness source can basically render insecure every cryptographic scheme that would otherwise be secure. In many cases, it is sufficient to have a trustworthy local…

Team Grothendieck move closer to ETC goal

Working on the code in Argentina

22 May 2017 Jeremy Wood 6 mins read

Team Grothendieck move closer to Ethereum Classic goal - Input Output

Team Grothendieck move closer to ETC goal

It took a little longer than expected but I finally made the trip to Buenos Aires, Argentina. In fact, I'm standing at a work desk by the window in Frankfurt airport waiting for my flight back to Dublin. I'm enjoying a gloriously sunny day here through the wall of glass. 

It was another productive trip, a lot has happened since the Team Grothendieck trips to Poland and St Petersburg. In our work to build a Scala client for Ethereum Classic there has been a lot of code written, a lot of understanding gained, and a couple of milestones reached: we now have the ability to download and execute blocks of transactions from the ETC chain. We have also evolved a lot as a…

Cryptocurrencies need a safeguard to prevent another DAO disaster

High assurance brings mission-critical security to digital funds

12 May 2017 Duncan Coutts 13 mins read

Cryptocurrencies need a safeguard to prevent another DAO disaster - Input Output

Cryptocurrencies need a safeguard to prevent another DAO disaster

TL;DR You want to avoid the next DAO-like disaster: so you want confidence that the system underpinning your cryptocurrency doesn’t have a hidden flaw that could be triggered at any time and render your assets worthless. To get that confidence you need a high assurance implementation of the system operating your cryptocurrency. Formal methods (mathematical specifications and…

Finding a brand for Daedalus

26 April 2017 Richard Wild 6 mins read

Finding a brand for Daedalus - Input Output

Finding a brand for Daedalus

Just who was Daedalus? It was the first of many questions the design team had to answer when we started work to find a logo for the digital wallet that will store the Ada cryptocurrency. Daedalus is an unusual name. We were in Riga, on an IOHK working sprint last autumn, when we got the brief to develop the visual identity and brand for the wallet, so the first thing we did was…