The Leviathan Awakens

[Anonymous No.19705772]

>Bitcoin - 50% byzantine resistant POW
>Cardano - 50% byzantine resistant POS
>ETH 2.0 - 33% byzantine resistant POS

----
https://iohk.io/en/blog/posts/2020/03/23/from-classic-to-hydra-the-implementations-of-ouroboros-explained/

Ouroboros Praos - https://eprint.iacr.org/2017/573.pdf
>Praos is analyzed in a semi-synchronous setting & is secure against adaptive attackers.
>Ensures that a strong adversary cannot predict the next slot leader & launch a focused attack (such as a DDoS attack) to subvert the protocol.
>Able to tolerate adversarially-controlled message delivery delays & a gradual corruption of individual participants in an evolving stakeholder population -- critical for maintaining network security in a global setting.

Ouroboros Genesis - https://eprint.iacr.org/2018/378.pdf
>Enables bootstrapping from a genesis block without the need for trusted checkpoints or assumptions about past availability.
>Provides proof that the protocol can be composed with other protocols in arbitrary configurations in a real-world setting, without losing its security properties.
>This significantly contributes to its security and sustainability, and that of the networks using it.

Ouroboros Hydra - https://eprint.iacr.org/2020/299.pdf
>An off-chain scalability architecture that addresses three key scalability challenges: high-transaction output, low latency, and minimal storage per node.
>Utilizes multi-party state channels which offer parallel transaction processing to dramatically improve transaction-per-second (TPS), and instant confirmation of transactions.
>Enables horizontal scaling, increasing performance by incorporating additional nodes, rather than vertically, through the addition of more powerful hardware.
>Scales to ~1 million TPS.

**Future**
Crypsinous - https://eprint.iacr.org/2018/1132.pdf
>Privacy-preserving proof-of-stake blockchain protocol.

Chronos - https://eprint.iacr.org/2019/838.pdf
>Secure without access to a global time functionality.

[Anonymous No.19705780]

>May 11 Shelly Pioneer Testnet
>May 25 Shelly Pioneer Second Chohort Testnet
>June 9 Public Shelly Testnet
you are here
>June 16 Shelly Test Wallet Available
>June 23 Mainnet Candidate - Hard Fork Combinator Test
>June 23-30 Balance Check Test
>June 30 Shelly Code Release (Target)
>July 1 EOL Legacy SL
>July 7 Shelly Code Release (Backup)

Shelly Proof of Stake ERA Begins
>July 29 Shelly Hard Fork
>Aug 3 Incentivized Test Net Rewards Available on Mainnet
>Aug 18 First Stakign Rewards

[Anonymous No.19705928]

>>19705772
>>19705780
I already explained this to you. This always happens with ADA and I've been here since the beginning. People get really excited during pumps because of ADA's fundamentals. They overestimate how much the market cares about that shit and it pumps out of pure desperation FOMO because a bunch of noobs think they found the "ONE TRUE COIN". Then the smoke clears and the fomo calms down and it's back to slowly sinking with more delayed releases and questions about whether smart contracts will even release or be useful and/or whether anyone wants to learn an entirely new smart contract language based on Haskell which is only for math nerds anyhow. It's a very defensible platform as that has been their marketing schtick from the start but it's practical applicability is less than zero presently.

[Anonymous No.19705959]

>>19705928
>COPE LEVEL - extreme
>SUICIDE RISK - extreme
seek help now anon, I worry for you

[Anonymous No.19705966]

>>19705928
yes anon, ive seen this happen too. remember last open testnet for shelley? same thing happened. we can't let charles keep getting away with this.

[Anonymous No.19705998]

>>19705959
>just bought the top noob cope..
I get you anon.. hardcore projection tho

>>19705966
yep.. every single time anon. it will sink back between 3-4 cents now and then prolly pump again for some release event in like 6 months

[Anonymous No.19706063]

is hoskinson still leaving at the end of the year??

[Anonymous No.19706067]

>>19705998
but I bought at 3c anon. you might want to get some preparation H for your case of intense butthurt

[Anonymous No.19706081]

>>19706063
No, but it doesn't matter because he doesn't do shit but eat and travel anyway. It will be bad for the momentum to have the figurehead essentially take the money and run tho.

[Anonymous No.19706091]

>>19706063
>still
citation needed. nope, he never was leaving and has stated this publicly. after the scope of the contract is done IOHK will apply for funding to further develop cardano through the built in governance CIP system.

[Anonymous No.19706111]

>>19706067
>sure he did
and even if you are that new, anyone will be able to buy at 2 cents in a few weeks.. maybe even sub 1 cent. No smart contracts, nobody is learning a new untested nerd language to write useless smart contracts. It's over anon, they went too big and failed. It's the betamax of clockchains.. or the Apple "Lisa" I should say.

[Anonymous No.19706168]

>>19706111
the level of cope and fear you're displaying is quite impressive anon. how do you bottle that much up inside without suiciding. It will be interesting to see what happens to you in the coming months as you realize that you were wrong and your shitty mETH bags go nowhere.