Ouroboros Protocol: Basics!

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The time in Cardano according to Ouroboros

[imagen] Cardano has PoS (proof of stake) as its consensus protocol and Ouroboros is the algorithm. Ouroboros Classic was the first implementation, then Ouroboros BFT (Byzantine Fault Tolerance) which was the transition to the Shelley release and, with it, its decentralization. The next innovation was Ouroboros Praos, which is based on Ouroboros Classic but provided substantial security and scalability improvements. Ouroboros Genesis evolves Ouroboros Praos and allows parties to start from a…