Cardano presentation
2B market cap, 25B circulating supply improvement of ethereum proof of stake, ouraboros. ICO Jan 2015. to Jan 1 2017. raised 63m. Settlement layer in Cardano. already establiehd and running, you can exchange USD for ADA, and transact ADA. computation layer is work in progress for smart contracts.
- how do they achieve a segregation between the settlement layer and the contract layer
- 5 whitepapers proving aspects about the protocol
- Ouroboros stakeholder is elected to pbulish each block, so no race. Divides time into epochs and slots. slot leader assigned. they can publish a block. Previous slot leaders elect new slot leaders for next epoch. If epoch has 50> filled,then epoch is valid and can be published. election is commit phase and reveal phase. They create super-values, encrypted shares, proof of secret. Commitments are broadcasted, and then opened.
- Daedelus Wallet.