⛔ Stop guessing ⛔ Use our free stock screener to find new opportunities fast Try Free Screener

Cardano Founder Praises ADA Research-Based Approach: Details

Published 2023-11-26, 08:44 a/m
Cardano Founder Praises ADA Research-Based Approach: Details
ADA/USD
-

U.Today - Cardano founder took to X to applaud the Cardano blockchain's research-driven approach. This is as Input Output Global's library of papers nears 200.

"I'm still in awe of our library of papers, almost at 200. There is so much amazing research in this portfolio," Hoskinson said on X.

Cardano has had one clear purpose since its inception in 2015: to change the way cryptocurrencies are designed and developed.

The fundamental ideas of development were presented in the "Why Cardano" essay and the "Cardano Whiteboard" video by Charles Hoskinson. This research-driven approach distinguishes Cardano from other blockchain systems, and a set of best practices, ideas and contributions formed the foundation of Cardano.

A large body of research, represented by Input Output Global's extensive library of papers, is currently approaching 200, as noted by Cardano founder Charles Hoskinson. Many of these papers have been peer-reviewed and accepted for presentation at prestigious academic conferences.

"Ouroboros: A Provably Secure Proof-of-Stake Blockchain Protocol," which was academically peer-reviewed and published in Crypto 2017, was the initial paper that drove Cardano's development. This original Ouroboros paper has been cited over 1,200 times as of June 2022.

Cardano has also demonstrated partnerships with universities in recent times to further blockchain .

The , the non-profit organization and custodian of the Cardano blockchain, established a three-year collaboration with the University of Zurich's Blockchain Center in April 2022 to explore the development of blockchain education and research initiatives.

In November of the same year, Cardano builder ) announced a collaboration with the University of Edinburgh, a top academic institution in the United Kingdom, to create the blockchain industry's first "decentralization index."

This article was originally published on U.Today

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.