Caldano Entry Essentials __cardano

Source: Internet
Author: User
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This article is a primer for Caldano (Cardano), which focuses on Caldano's overall project Overview: What Caldano is, why, what's unique, and how well the team is organized. What ADA is, Uloporos (Ouroboros) consensus. Caldano is what, why

Caldano is a centralized public block chain and cryptographic currency project, which is currently developing an intelligent contract platform designed to provide more advanced functionality beyond any previous protocol. It was the first block chain platform derived from the philosophy of science, mainly driven by research, and the development team recruited the world's leading engineers and researchers.

Colloquially speaking, Caldano to prove the common sense of proof (provable PoS) Uloporos (Ouroboros) as the center, set bitcoin (Bitcoin), Ethernet Square (Ethereum, intelligent Contract), Bo card (Polkadot, Across the chain). Caldano's intelligent contract will use the third generation of EVM based virtual machine iele, through the side chain to achieve the cross chain function.

Caldano's initial goal was to improve the design and development model of the current cryptographic currency, with the ultimate vision of a more balanced and sustainable ecosystem and the need for users to seek other system integration. What's so unique about it?

Caldano is currently the first through the academic peer review of the Block chain project, can be said in the industry is Shing, unique. Another unique feature is that Cardano is implemented by the Haskell language, one of the most secure programming languages Haskell, which minimizes the chance of errors and guarantees the security of the platform. Of course, some people think that the use of Haskell is a disadvantage, because as a minority language, this allows the development of a high threshold, there may be so many ADA development enthusiasts "serve no door." Team Organization

Let's start with the relevant organization. There are mainly three organizations behind the Caldano. The first is the Caldano Foundation, founded in Switzerland, which is a non-profit organization. The core mission of the Caldano Foundation is to nurture and promote the development and education of Caldano users and business communities, and to engage in regulatory and authority business matters. The second entity behind Caldano is IOHK, a pioneer of cryptographic money research and development, which has been developing Caldano platforms for 2020 years. The third business partner of the Caldano project is Emurgo, which is a venture capital consulting firm that assists companies in building Caldano block chain systems.

Let's talk a little bit about the team, in terms of the high-end atmosphere. Here is a simple introduction to two people, and more can be viewed by clicking on the team.

Aggelos Kiayias, a professor of cyber security and privacy at the University of Edinburgh, has published more than 100 papers in relevant academic journals and conferences, and this is his Google scholar homepage, which is interesting to know. He is the principal author of the Ouroboros white Paper and the chief scientist of Iohk.

Philip Wadler, a professor of theoretical computer science at the University of Edinburgh, has contributed to the design of Haskell,java and XQuery languages and is < ADA

Each public chain has a token (token), and ADA is the token on the Caldano block chain. ADA is the base token on the chain platform of the Carl token block, if there is a side chain, the side chain will also have its own token. What is Uloporos (Ouroboros)

Caldano uses a revolutionary new rights proof (PoS) algorithm called Uloporos (Ouroboros), which determines how each node can achieve network consistency. This algorithm is the key of the whole infrastructure, and it is the major innovation of block chain technology.

At present, most of the block chain is PoW consensus, but the consensus has many shortcomings, such as waste of resources. In the work proof (PoW), the miners put into operation the ability to compete for the next block of the block right. The key to PoW is to solve a random "leader selection (leader election)" problem, which is to elect a miner to come out the next block.

In the certificate of equity, according to the proportion of the equity holders in the block chain, select the next block of people randomly. In order to ensure the security of the block chain, the method of selecting the stockholder to generate the block must be really random. In order to achieve the randomness of the process of leader election (leader election), Uloporos's innovation is to achieve this through a secure, multi-party implementation of coin-toss agreements.

In fact, the concept of the right to prove a long-standing, there are many projects have adopted the algorithm, but the existing PoS has many defects, and can not prove its security. Ulopolos is the first secure, formalized proven consensus on equity, designed by a team led by Iohk's chief scientist Aggelos Kiayias, and through a unanimous review by academic peers, where more articles are found in links to the following academic papers. other

Because the resources of Caldano are too dispersed, we also make a simple summary here:

Official website: Cardanohub Input | Output Emurgo cardanofoundation

Twitter:input Output Cardano Foundation Cardano Community ADA Emurgo

Thesis document: Caldano of the document of the liquidation layer of academic papers

GITHUB:CARDANO-SL Input Out Community

Group: IOHK Team

Resources:

[1] https://www.cardanohub.org/

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