Ouroboros

Ouroboros is Cardano’s Proof-of-stake algorithm. It is employed to randomly select the next node responsible for block production. Ouroboros segments real-world time into epochs and slots, with slot leaders, chosen from stakeholders, being granted the exclusive right to produce one block.

Ouroboros is Cardano’s Proof-of-stake algorithm. It is employed to randomly select the next node responsible for block production. Ouroboros segments real-world time into epochs and slots, with slot leaders, chosen from stakeholders, being granted the exclusive right to produce one block.