Writing a High-Assurance Blockchain Implementation
Guest blog from Edsko de Vries, who is working on the high assurance implementation of the Ouroboros blockchain protocol
3 November 2017 9 mins read
Writing a High-Assurance Blockchain Implementation - Input Output
In our previous blog post Cryptocurrencies need a safeguard to prevent another DAO disaster we discussed the need for high assurance development of cryptocurrencies and their underlying blockchain protocols. We also sketched one way in which one might go about this, but we did not give much detail. In this follow-up blog post we delve into computer science theory a bit more…
Introducing the Cardano roadmap
Next steps of development are charted ahead of further information releases
31 October 2017 9 mins read
Cardano has been an incredibly challenging and fun project to work on involving many teams throughout the world with different skills and opinions on design, process and quality. Our core technology team consists of Well Typed, Serokell, Runtime Verification, Predictable Network Solutions and ATIX, with IOHK leading them. Then we have external auditors such as Grimm, RPI Sec…
Designing a new virtual machine and universal language framework
Guest blog from Professor Rosu explains the work being done in a partnership between Runtime Verification and IOHK
26 October 2017 8 mins read
Designing a new virtual machine and universal language framework - Input Output
The IELE and K team Mathematical rigor and good design of programming languages and underlying virtual machines are critical for the success of blockchain technologies and applications. Indeed, decades of accumulated evidence show that formal techniques and their early adoption in the design of computing systems can significantly increase the safety, security and dependability…
How Cardano's transaction fees work
The mathematician working on the protocol's incentives explains the research and IOHK's design
19 October 2017 4 mins read
Why do we need transaction fees?
There are two main reasons why transaction fees are needed for a cryptocurrency like Cardano:
People who run full Cardano nodes spend time, money and effort to run the protocol, for which they should be compensated and rewarded. In contrast to Bitcoin, where new currency is created with each mined block, in Cardano, transaction fees are the only…
Statement on IOHK's Ada Holdings
17 October 2017 2 mins read
IOHK received both Bitcoin and Ada for its contract to work on the Cardano project. IOHK converted most of its Bitcoin at the time of receiving it to fiat in order to ensure project stability. With respect to IOHK's holdings of Ada, IOHK does not expect a need to liquidate any of its Ada to cover immediate costs related to the Cardano project until 2019. However, like most…
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