Ouroboros 101 – Understanding The Protocol
Ouroboros is the fundamental protocol of Cardano which enables the decentralized public blockchain and thus cryptocurrency to function.
By deliberately bringing together a combination of peer review, formal verification, and functional programming languages, a specification-defined cryptocurrency, one that’s
With that, below we will cover the different versions and variants of Ouroboros starting from the high-level scientific research and formal specification, through to the implementation in program code, and all the way down to the final roll-out phases.
Photo credits to Jonathan Francisca