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Attention #Blockchain Developers: Are you interested in building a solution on a widely distributed and highly secured network? #Cardano's proof-of-stake (PoS) algorithm, #Ouroboros, offers key benefits over other well known protocols in the industry.
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Energy EfficiencyProof-of-work (PoW) protocols such as #Bitcoin
are energy intensive. Cardano runs using a tiny fraction of that energy, while still adhering to high security standards.Consuming much less energy enables Cardano to be much more scalable.
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ScalabilityOuroboros Hydra is Cardano’s off-chain scalability protocol.
With Hydra, speed increases and latency decreases as the network scales. It has potential to process a million transactions per second, which would surpass global systems such as #Visa.
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SecurityOuroboros is the world's first provably secure PoS protocol. It is based on formal methods and peer reviewed academic research.
A well-constructed blockchain ensures security with #decentralization.
Cardano will operate with ≈ 1,000 stake pools.
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In this presentation, @InputOutputHK’s Chief Scientist, Aggelos Kiayias, gives an overview on the design and implementation of Ouroboros https://www.youtube.com/watch?time_continue=424&v=Nlmv4fg4NQk&feature=emb_title
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