No taxes, no government and the principle of doing others no harm are the founding ideals for a proposed new sovereign country where citizens can live as they choose. This vision of a libertarian utopia created through the purchase of sovereign land was laid out last week in Aspen, by early bitcoin investor Roger Ver, who told an audience that he was in talks to buy land. Rules…

What is money and how is it created? And how can we make a better financial system? Alan Verbner, an Ethereum Classic developer on Team Grothendieck at IOHK, started asking these questions as he lived through the volatile economic crisis in Argentina from 1998 to 2002. During this time, Argentina had defaulted on billions of dollars worth of debt. People protested in the…

Developing Cardano is no small feat. There is no other project that has ever been built to these parameters, combining peer reviewed cryptographic research with an implementation in highly secure Haskell code. This is not the copy and paste code seen in so many other blockchains. Instead, Cardano was designed with input from a large global team including leading experts and…

Testing is of course critically important to a cryptocurrency because the correctness and robustness of the system are what you rely on to keep your money safe, and ensure that you can spend it when you need to. So as you would expect, as our development team is getting ready for the Cardano mainnet release, testing is one of the main things that is on our minds.

There are many…

Developing a secure proof of stake algorithm is one of the big challenges in cryptocurrency, and a proposed solution to this problem won the attention of the academic community this week in California. Several hundred cryptographers from around the world arrived at the University of California Santa Barbara on Sunday for the flagship annual event of their field, Crypto 201…