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Ouroboros (protocol)
Ouroboros is a family of proof-of-stake consensus protocols used in the Cardano and Polkadot blockchains. It can run both permissionless and permissioned blockchains. Ouroboros was published as "the first provable secure PoS consensus protocol". It was postulated by an academic team led by Aggelos Kiayias at the Annual International Cryptology Conference in 2017. Later that year, Ouroboros (Classic) was implemented by IOHK as the basis of the Cardano blockchain platform and various upgrades. Ouroboros versions include: * Ouroboros BFT was an interim version used in 2020 to enable the switch between the Classic and Praos versions of Cardano using a hard fork combinator that preserved the blockchain history; * Ouroboros Praos (2017) provided security against fully-adaptive corruption in the semi-synchronous model. In 2020, this version was used to introduce decentralized block production on Cardano by stake pools; * Ouroboros Genesis (2018) provides security with a dynamic p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Proof Of Stake
Proof-of-stake (PoS) protocols are a class of consensus mechanisms for blockchains that work by selecting validators in proportion to their quantity of holdings in the associated cryptocurrency. This is done to avoid the computational cost of proof-of-work schemes. The first functioning use of PoS for cryptocurrency was Peercoin in 2012. Description For a blockchain transaction to be recognized, it must be appended to the blockchain. In the proof of stake blockchain the appending entities are named ''minters'' or (in the proof of work blockchains this task is carried out by the miners); in most protocols, the validators receive a reward for doing so. For the blockchain to remain secure, it must have a mechanism to prevent a malicious user or group from taking over a majority of validation. PoS accomplishes this by requiring that validators have some quantity of blockchain tokens, requiring potential attackers to acquire a large fraction of the tokens on the blockchain to mou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cardano (cryptocurrency Platform)
Cardano is a public blockchain platform. It is open-source and decentralized, with consensus achieved using proof of stake. It can facilitate peer-to-peer transactions with its internal cryptocurrency, ADA. Cardano's development began in 2015, led by Ethereum co-founder Charles Hoskinson. The project is overseen and supervized by the Cardano Foundation based in Zug, Switzerland. When launched in 2017, it was the largest cryptocurrency to use a proof-of-stake blockchain, which is seen as a greener alternative to proof-of-work protocols. Background Charles Hoskinson and Jeremy Wood set out their plans for Cardano in 2015, with the platform launching in 2017. Hoskinson had left Ethereum after a dispute with another co-founder, Vitalik Buterin. Hoskinson wanted to accept venture capital and create a company, while Buterin wanted to keep it as a nonprofit organization. After leaving, Hoskinson co-founded IOHK, a blockchain-engineering company, whose primary business is the develop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Polkadot (cryptocurrency)
Polkadot is a blockchain platform and cryptocurrency. It is designed to allow blockchains to exchange messages and perform transactions with each other without a trusted third-party. This allows for cross-chain transfers of data or assets, between different blockchains, and for decentralized applications to be built using the Polkadot Network. The Polkadot network has a primary blockchain named "relay chain" and many user-created parallel chains called "parachains". The relay chain acts as the governance layer of the network, while parachains are auctioned, enabling independent projects to create and operate their own blockchains that live within the Polkadot infrastructure. The protocol was created by the Ethereum co-founder Gavin Wood, and raised over $144.3 million in its Initial coin offering in October 2017. The network uses a proof of stake consensus algorithm. The protocol used, Blind Assignment for Blockchain Extension (BABE), is derived from Ouroboros. The protocol was a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Blockchain
A blockchain is a type of distributed ledger technology (DLT) that consists of growing lists of records, called ''blocks'', that are securely linked together using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree, where data nodes are represented by leaves). The timestamp proves that the transaction data existed when the block was created. Since each block contains information about the previous block, they effectively form a ''chain'' (compare linked list data structure), with each additional block linking to the ones before it. Consequently, blockchain transactions are irreversible in that, once they are recorded, the data in any given block cannot be altered retroactively without altering all subsequent blocks. Blockchains are typically managed by a peer-to-peer, peer-to-peer (P2P) computer network for use as a public distributed ledger, where nodes collectively adhere to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aggelos Kiayias
Aggelos Kiayias ( el, Άγγελος Κιαγιάς) Fellowship of the Royal Society of Edinburgh, FRSE is a Greeks, Greek cryptographer and computer scientist, currently a professor at the University of Edinburgh and the Chief Science Officer at Input Output Global, the company behind Cardano (blockchain platform), Cardano. Education Kiayias received his PhD in 2002 at the City University of New York; his advisors were Moti Yung and Stathis Zachos. Career and research Kiayias is the chair in cyber security and privacy, and director of the Blockchain Technology Laboratory at the University of Edinburgh, as well as a member of its Laboratory for Foundations of Computer Science. He is also the chief scientist at the blockchain technology company IOHK (IOG). Previously he worked at the University of Connecticut and at the National and Kapodistrian University of Athens. In 2017, Kiayias started a blockchain course, making Edinburgh “one of the first big European universities ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Association For Cryptologic Research
International is an adjective (also used as a noun) meaning "between nations". International may also refer to: Music Albums * ''International'' (Kevin Michael album), 2011 * ''International'' (New Order album), 2002 * ''International'' (The Three Degrees album), 1975 *''International'', 2018 album by L'Algérino Songs * The Internationale, the left-wing anthem * "International" (Chase & Status song), 2014 * "International", by Adventures in Stereo from ''Monomania'', 2000 * "International", by Brass Construction from ''Renegades'', 1984 * "International", by Thomas Leer from ''The Scale of Ten'', 1985 * "International", by Kevin Michael from ''International'' (Kevin Michael album), 2011 * "International", by McGuinness Flint from ''McGuinness Flint'', 1970 * "International", by Orchestral Manoeuvres in the Dark from '' Dazzle Ships'', 1983 * "International (Serious)", by Estelle from '' All of Me'', 2012 Politics * Political international, any transnational organization of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
IOHK
Charles Hoskinson is an American entrepreneur who is a co-founder of the blockchain engineering company Input Output Global, Inc. (formerly IOHK), and the Cardano blockchain platform, and was a co-founder of the Ethereum blockchain platform. Early life and education Hoskinson attended Metropolitan State University of Denver and the University of Colorado Boulder "to study analytic number theory before moving into cryptography through industry exposure". Hoskinson has claimed that he had entered a PhD program but had dropped out. However, Denver did not have a graduate program in mathematics. Colorado Boulder verified that he had attended as a half-time undergraduate math major, but did not earn a degree. He also claimed repeatedly to have worked for the Defense Advanced Research Projects Agency (DARPA), though DARPA confirmed he had not. Career In 2013, Hoskinson quit a consulting job to begin a project called the Bitcoin Education Project. According to Hoskinson, the limited ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deloitte
Deloitte Touche Tohmatsu Limited (), commonly referred to as Deloitte, is an international professional services network headquartered in London, England. Deloitte is the largest professional services network by revenue and number of professionals in the world and is considered one of the Big Four accounting firms along with EY (Ernst & Young), KPMG and PricewaterhouseCoopers (PWC). The firm was founded by William Welch Deloitte in London in 1845 and expanded into the United States in 1890. It merged with Haskins & Sells to form Deloitte Haskins & Sells in 1972 and with Touche Ross in the US to form Deloitte & Touche in 1989. In 1993, the international firm was renamed Deloitte Touche Tohmatsu, later abbreviated to Deloitte. In 2002, Arthur Andersen's practice in the UK as well as several of that firm's practices in Europe and North and South America agreed to merge with Deloitte. Subsequent acquisitions have included Monitor Group, a large strategy consulting business, in Janu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hard Fork Combinator
Hard may refer to: * Hardness, resistance of physical materials to deformation or fracture * Hard water, water with high mineral content Arts and entertainment * ''Hard'' (TV series), a French TV series * Hard (band), a Hungarian hard rock supergroup * Hard (music festival), in the U.S. * ''Hard'' (EP), Goodbye Mr Mackenzie, 1993 * ''Hard'' (Brainpower album), 2008 * ''Hard'' (Gang of Four album), 1983 * ''Hard'' (Jagged Edge album), 2003 * "Hard" (song), a 2009 song by Rihanna * "Hard", a song by Royce da 5'9" from the 2016 album ''Layers'' * "Hard", a song by Why Don't We from the 2018 album ''8 Letters'' * ''Hard'', a 2017 EP from the band The Neighbourhood *"Hard", a song by Sophie from the 2015 compilation album ''Product'' Places * Hard, Austria * Hard (Zürich), Switzerland Other uses * Hard (surname) * Nickname of Masaki Sumitani ( HardGay / HardoGay ) * Hard (nautical), a beach or slope convenient for hauling out vessels * Hard (video game player), Anthony Barkho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charles Hoskinson
Charles Hoskinson is an American entrepreneur who is a co-founder of the blockchain engineering company Input Output Global, Inc. (formerly IOHK), and the Cardano blockchain platform, and was a co-founder of the Ethereum blockchain platform. Early life and education Hoskinson attended Metropolitan State University of Denver and the University of Colorado Boulder "to study analytic number theory before moving into cryptography through industry exposure". Hoskinson has claimed that he had entered a PhD program but had dropped out. However, Denver did not have a graduate program in mathematics. Colorado Boulder verified that he had attended as a half-time undergraduate math major, but did not earn a degree. He also claimed repeatedly to have worked for the Defense Advanced Research Projects Agency (DARPA), though DARPA confirmed he had not. Career In 2013, Hoskinson quit a consulting job to begin a project called the Bitcoin Education Project. According to Hoskinson, the limited ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
