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Proof Of Stake

Unraveling the Ouroboros
Unraveling the Ouroboros
A series where I try and figure out the nitty gritty of how Cardano’s consensus algorithm “Ouroboros” works.
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Introduction To Ouroboros

“Ouroboros” is the name of Cardano’s Proof of Stake consensus algorithm. So far it comes in two flavours, Ouroboros and Ouroboros Praos. This post gives my high level interpretation of how they both work along with some commentary. If you want a low level view check out the papers…