Ouroboros 101 - Understanding The Protocol

Ouroboros, Praos, Hydra, Genesis, Crypsinous.

Seeing all of these different names feels more like playing an ancient mythology guessing game rather than talking about a cryptocurrency.

Yet all of these names refer to the different versions of the protocol which runs at the core of Cardano. Some provide privacy guarantees, while others offer the ability to shard for better preformance for example.

As a curious Cardano enthusiast, it’s a hard task to dive into several lengthy whitepapers just to get an understanding of what’s going on.

Because of this, we’ve produced our latest whiteboard animation which breaks all of this down for you in a couple minutes. With pleasant visuals to make the whole experience more enjoyable and digestible, this is your best opportunity to finally understand what is going on under the hood: