InputOutputHK, a prominent company in blockchain infrastructure research and engineering co-founded by Charles Hoskinson, has recently introduced an educational campaign to showcase its groundbreaking research endeavors.
This initiative includes a series of videos that offer a detailed exploration of the work conducted by its research department and the significant papers they have generated.
This piece delves into the implications of these advancements and their potential to influence the future of blockchain technology.
Introducing Ouroboros Leios
At the core of InputOutput’s latest revelations lies the unveiling of Ouroboros Leios, a component of the innovative Ouroboros protocol family renowned for supporting the Cardano blockchain.
This fresh protocol variation aims to enhance transaction throughput, a crucial element in blockchain efficiency. Giorgos Panagiotakos, a research fellow at InputOutput, elaborates in the initial video of the series on how Ouroboros Leios pushes the boundaries of blockchain scalability.
Today, we are pleased to present the first two videos in a series that will spotlight some of the research division’s work at IO and delve deeper into key papers.
— Input Output (@InputOutputHK)
May 31, 2024
Propelling Blockchain Technology Forward
In contrast to conventional blockchain protocols that rely on a leader-based method for block proposal, which often restricts throughput, Ouroboros Leios utilizes a more advanced approach that significantly boosts transaction capacity.
This advancement is crucial for alleviating network congestion and facilitating the seamless operation of Layer 2 applications, crucial for the blockchain’s ability to effectively manage high transaction volumes.
The insights shared in these videos are not only essential for developers and stakeholders within the Cardano ecosystem but also provide valuable knowledge to the wider blockchain community.
Tags:
ADA