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What is SECP and how it drives cross-chain development on Cardano

New cryptographic primitives are coming to Cardano to enable secure, cross-chain DApp development

3 November 2022 Olga Hryniuk 3 mins read

What is SECP and how it drives cross-chain development on Cardano

Cryptography plays an integral role in the blockchain space, ensuring trust and security between network participants.

DApp developers can use cryptographic primitives as the building blocks to create secure transactions containing sensitive data, develop custom encryption and decryption algorithms, and validate such by using digital signatures.

In recent decades, Elliptic…

How IOG’s research spans the academic world

As a leading blockchain infrastructure and engineering company, IOG is dedicated to tackling the industry’s difficult questions

25 October 2022 Olga Hryniuk 10 mins read

How IOG’s research spans the academic world

IOG has made its reputation building and maintaining Cardano and ada – its first native cryptocurrency. Academic research has been the foundation for a secure, decentralized, and scalable ledger that has led the way in proof-of-stake blockchains for five years.

Collaborating with researchers and top universities across the globe, IOG is dedicated to tackling difficult research…

Mithril proof of concept is now open-source

Mithril is a stake-based signature scheme that improves the speed and efficiency of syncing times for nodes joining the network. Find out how to get involved

29 August 2022 Olga Hryniuk 4 mins read

Mithril proof of concept is now open-source

As Cardano scales, Input Output Global (IOG) engineering teams are working on a range of solutions to boost network performance. Mithril is one such solution, aiming to streamline the speed and efficiency of data synchronization between applications.

During July’s 360 show, Arnaud Bailly – IOG technical architect – shared a Mithril development update.

The importance of Mithril…

Introducing Ofelimos: a proof-of-useful-work consensus protocol

IOG research introduces a new, provably secure, consensus protocol to minimize the energy wastage of proof-of-work blockchains

16 August 2022 Olga Hryniuk 11 mins read

Introducing Ofelimos: a proof-of-useful-work consensus protocol

The minimization of proof of work's (PoW) energy cost and carbon footprint is one of the most hotly discussed topics in the crypto space. Substituting the PoW primitive in Nakamoto's longest-chain protocol with a proof of useful work (PoUW) has long been theorized as an ideal solution in many respects but, to this day, the concept has lacked a convincingly secure realization.

Today, at the leading international cryptology conference, Crypto, Input Output Global, Inc (IOG) introduces Ofelimos, a novel PoUW-based blockchain protocol whose consensus mechanism simultaneously realizes a decentralized optimization-problem solver. The…

Kachina: privacy-preserving smart contracts

Leveraging ZK Snarks to enable privacy-preserving smart contract functionality without sacrificing decentralization characteristics

5 August 2022 Olga Hryniuk 4 mins read

Kachina: privacy-preserving smart contracts

Smart contracts present a standard approach to expressing complex interactions between two or more parties willing to exchange currencies or data in a decentralized way. Smart contracts are effectively automated digital agreements on a blockchain. Written in code, they can track, verify and execute the binding transactions of a contract when predetermined conditions are met. To…