Ouroboros Leios — a brand new Ouroboros household variant that will considerably enhance throughput whereas reaching optimum safety, is considered by Cardano fans as the following large factor for the blockchain.
Some months in the past, I used to be requested what I assumed can be #Cardano “subsequent large factor”.
On the time, we solely had a obscure concept of what Leios was. The latest CIP from Duncan & al has shed some extra gentle on it.
Ouroboros Leios is certainly essentially the most promising L1 improve to come back
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— KtorZ (@_KtorZ_) November 25, 2022
In accordance with KtorZ, an open-source developer on the Cardano Basis, Ouroboros Leios is essentially the most promising L1 improve to come back. He reveals a shocking side of Ouroboros Leios, which is that the thought behind it’s comparatively easy.
In a thread of tweets, KtorZ explains the premise 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 usually not actively validating blocks whereas it’s serializing knowledge and transmitting it to its friends, for the reason that block throughput is usually not excessive sufficient to maintain the node busy on a regular basis. The concept 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 numerous charges and serve numerous functions.
Nonetheless, it ought to be borne in thoughts that Leios stays a Cardano Enchancment Proposal (CIP), which could imply it’s far-off from now.
Cardano heading into Voltaire
Cardano is heading into the age of Voltaire. As reported by U.In the present day, the CIP-1694 has been launched, establishing the groundwork for decentralized decision-making. The Voltaire section of Cardano can 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.