Cryptocurrency Q&A
What protocol does Cardano use?
What protocol does Cardano use?
BitcoinBaroness
Tue Oct 29 2024
|
5 answers
1090
I'm interested in understanding the technical aspects of Cardano. Specifically, I want to know which protocol it employs for its operations. Could someone please enlighten me on this?
5 answers
Luca
Thu Oct 31 2024
This PoS protocol is named Ouroboros.
Was this helpful?
190
45
KpopStarletShineBrightness
Thu Oct 31 2024
Unlike Bitcoin and Ethereum, which initially relied on proof-of-work protocols, Cardano adopted a different approach.
Was this helpful?
144
28
BonsaiVitality
Thu Oct 31 2024
Specifically, Bitcoin utilized a proof-of-work protocol from its inception.
Was this helpful?
373
54
GangnamGlitzGlamour
Thu Oct 31 2024
Ethereum, on the other hand, initially used proof-of-work but transitioned to a proof-of-stake mechanism in 2022.
Was this helpful?
66
71
KDramaLegendaryStarlight
Thu Oct 31 2024
Cardano operates on a unique consensus mechanism known as proof-of-stake (PoS).
Was this helpful?
317
65
