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5 posts tagged with "Ouroboros"

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Native tokens in the extended UTXO model

Input Output Global
Research and engineering company

Input Output Global (IOG) published a blog post on May 09, 2025, detailing native tokens within Cardano's Extended UTXO (EUTXO) model. The post explains how these tokens function without requiring smart contracts for creation or transfer, unlike account-based systems like Ethereum. This design offers enhanced security and reduced transaction fees for users. The article contrasts Cardano's approach with traditional ERC-20 tokens, emphasizing the inherent advantages of its native token implementation.

Ouroboros Genesis

Advancing Ouroboros: Leios as the next leap in scalability

Input Output Global
Research and engineering company

Input Output Global (IOG) published an update on Ouroboros Leios, presented as a major redesign of Cardano's consensus protocol aimed at significantly increasing transaction throughput and scalability. The post explains how Leios utilizes a novel concurrent structure with specialized block types (input, endorsement, ranking) to enable parallel processing while preserving the security and decentralization of Ouroboros Praos. Currently in the research and development phase, Leios is positioned as a transformative upgrade for Cardano's long-term capacity.

Ouroboros Genesis

Ouroboros Peras: accelerating transaction settlement on Cardano

Input Output Global
Research and engineering company

The April 11, 2025, blog post from IOG introduces Ouroboros Peras, an upgrade to the Ouroboros Praos protocol aimed at accelerating transaction settlement on Cardano. Peras reduces settlement times to around two minutes, increasing confidence in transaction finality. It introduces a voting-based chain selection process and certificate system to reach rapid consensus while maintaining security and decentralization. This advancement supports Cardano’s scalability and responsiveness to network demands.

Ouroboros Genesis

Understanding Leios, with Pi Lanningham & Arnaud Bailly

Cardano Community
Individuals interested in or actively supporting the Cardano blockchain

The roundtable discussion features Pi Lanningham and Arnaud Bailly exploring the intricacies of Ouroboros Leios, a blockchain-based technology aimed at enhancing decentralized systems. They delve into Leios's architecture, its potential applications in the tech industry, and the innovative solutions it offers for scalability and security. The conversation also covers the implications of Ouroboros Leios for developers and businesses, highlighting its unique approach to consensus and transaction processing. This insightful dialogue provides a comprehensive understanding of how Leios could revolutionize blockchain technology and its real-world applications.

Ouroboros Genesis Design Update

Input Output Global
Research and engineering company

Ouroboros Genesis, the latest enhancement to Cardano’s consensus protocol, addresses the vulnerabilities of nodes joining or rejoining the network. It introduces concepts like ledger peers, lightweight checkpointing, limits on eagerness (LoE) and patience (LoP), and Genesis density disconnections (GDD). These measures prevent long-range and eclipse attacks, ensuring nodes can securely sync with the blockchain. The first Genesis-capable implementation is expected by Q3 2024, with ongoing optimizations to handle increased peer counts.

Ouroboros Genesis