What is Mithril

Mithril is Cardano’s solution for enabling secure, efficient, and lightweight interactions with the blockchain. By removing the need to download and verify the entire blockchain history, Mithril significantly reduces resource requirements and makes Cardano more accessible for use cases such as:

• Certification of account transactions/balances in browser-based light wallets (including mobile)
• Certification of transactions in layer 2 solutions (bridges…

Currently in development, Ouroboros Peras (henceforth Peras) is an advanced upgrade to the Ouroboros Praos consensus protocol that aims to accelerate transaction settlement while maintaining security and resilience on the Cardano blockchain. By introducing a new voting mechanism, Peras will ensure that transaction settling happens significantly faster, reducing the waiting…