Ouroboros Leios — a brand new Ouroboros household variant that may considerably improve throughput whereas attaining optimum safety, is considered by Cardano fans as the following huge factor for the blockchain.
Some months in the past, I used to be requested what I assumed can be #Cardano “subsequent huge factor”.
On the time, we solely had a imprecise thought of what Leios was. The latest CIP from Duncan & al has shed some extra mild on it.
Ouroboros Leios is certainly probably the most promising L1 improve to come back
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— KtorZ (@_KtorZ_) November 25, 2022
In keeping with KtorZ, an open-source developer on the Cardano Basis, Ouroboros Leios is probably the most promising L1 improve to come back. He reveals a stunning facet of Ouroboros Leios, which is that the concept behind it’s comparatively easy.
In a thread of tweets, KtorZ explains the idea of Ouroboros Leios. Cardano is a distributed system the place nodes attain consensus by sharing blocks as per the schedule for which they’re elected. Blocks are generated roughly each 20 seconds and are propagated to the remainder of the community rapidly.
He factors out {that a} node is often not actively validating blocks whereas it’s serializing information and transmitting it to its friends, because the block throughput is often not excessive sufficient to maintain the node busy on a regular basis. The thought behind Leios is about using these idle sources and making the chain’s development extra parallel. It entails using UTxO’s full potential.
Enter blocks, endorsement blocks and rating blocks are the three new types of blocks Leios proposes dividing the chain development into. These blocks are created at varied charges and serve varied functions.
Nonetheless, it needs to be borne in thoughts that Leios stays a Cardano Enchancment Proposal (CIP), which could imply it’s distant from now.
Cardano heading into Voltaire
Cardano is heading into the age of Voltaire. As reported by U.Today, the CIP-1694 has been launched, establishing the groundwork for decentralized decision-making. The Voltaire part of Cardano will probably be supported by a mechanism for on-chain governance that’s described in CIP-1694.
The doc improves upon and expands upon the preliminary Cardano governance mannequin, which was predicated on a sure variety of governance keys.
