Bringing new value and utility to the Cardano blockchain
Adding metadata to transactions prepares Cardano to become part of the DeFi revolution
29 October 2020 5 mins read
With the rollout of Goguen, Cardano is becoming a smart contract platform. Adding metadata – information about the data being processed – to transactions is key to this, and last month this capability was added to the blockchain. From a focus on transactions, Cardano is now becoming a utility platform open for partnerships, enterprises, and commercial applications that can be…
Ensuring ETC Network Security
Ensuring ETC network security - a comparison of 51% Attack Resistance proposals for Ethereum Classic
23 October 2020 4 mins read
The Ethereum Classic network suffered from four 51% attacks between 2019 and 2020. Three of those attacks have occurred recently – with just weeks between each other – which resulted in expensive losses for stakeholders due to double spending and service disruption. A number of Ethereum Classic Improvement Proposals (ECIPs) followed after these attacks aiming to provide the…
Five lessons in blockchain governance
Project Catalyst is bringing collective innovation to Cardano.
15 October 2020 6 mins read
Project Catalyst is, at its heart, a series of experiments in innovation and governance. Once it was decided to set up a funded system to encourage innovation for Cardano, the IOHK team decided to collaborate with our global community from the start. So, that’s what we did. Now, with two funds already incubating hundreds of proposals and fostering thousands of conversations, we…
Actus smart contracts in Marlowe
Writing in the language of finance, rather than the language of blockchain
13 October 2020 12 mins read
In our Developer Deep Dive series of occasional technical blogs, we invite IOHK’s researchers and engineers to discuss their latest work and insights.
Marlowe is a domain-specific language for secure financial smart contracts that is being developed by IOHK for the Goguen capabilities of the Cardano blockchain. Following my introductory post on Marlowe, in this Deep Dive post…
Marlowe: industry-scale financial smart contracts for the blockchain
Move over Solidity – this specialized language will bring decentralized finance to Cardano
6 October 2020 5 mins read
In this post, we introduce Marlowe, a new language for financial contracts, and describe the benefits of it being a domain-specific language (DSL). As a DSL it describes only financial contracts, rather than smart contracts in general. Because of this, it differs from general-purpose blockchain languages like Solidity and Bitcoin Script.
Marlowe is industry-scale. We have built Marlowe contracts based on examples from one of the leading projects for financial smart contracts, the Algorithmic Contract Types Unified Standards (Actus) system. Currently, these and other examples can be seen in the Marlowe Playground…