Past Meetup

Jacob Kobernik on Ouroboros: A Provably Secure Proof-of-Stake Blockchain Proto..

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Details

Paper: Ouroboros: A Provably Secure Proof-of-Stake Blockchain Protocol
Link: https://eprint.iacr.org/2016/889

Description:
This paper describes a blockchain protocol that uses proof-of-stake to fulfill the requirements of a distributed secure ledger. This protocol is the backbone for the cardano cryptocurency token, Ada, which has been proclaimed as a "third wave" crypto that can scale to meet global commerce demands. Most of this paper is dedicated to proving the security claims, which we will discuss lightly, instead focusing on how blocks are created and consensus is achieved.

Bio:
Jacob is a Sr. Software Engineer at Skuid (aka skuidlet) who spends most of his free time dreaming about machines, talking about (and possibly consuming) alcohol, or taking naps with his cat.