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Coin Bureau Cardano update

Coin Bureau have a great Youtube channel. Really enjoyable presentation, technically strong, and good analysis. This recent update on Cardano is well worth watching.

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Bitcoin Power Consumption

Some really nice work on the energy consumption of Bitcoin from the Cambridge Centre for Alternative Finance at Cambridge University. The current estimate is 10GW, with a lower bound of 3.94GW, and upper bound of 16.78GW. That’s 5 orders of magnitude higher than Cardano. If we assume approximately 50W per pool (reasonable for an efficient modern…

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Ada Lovelace

Ada Lovelace, in full Ada King, countess of Lovelace, original name Augusta Ada Byron, Lady Byron, (born December 10, 1815, Piccadilly Terrace, Middlesex [now in London], England—died November 27, 1852, Marylebone, London), English mathematician, an associate of Charles Babbage, for whose prototype of a digital computer she created a program. She has been called the first computer programmer. Inspiration for the major and minor…

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Staking in Cardano

A welcome post by the “Architect of Staking”: Prof Aggelos Kiayias (Chief Scientist, IOHK), which acknowledges the importance of pledging in the protocol in order to achieve the objectives of the Cardano ecosystem: Engage all stakeholders – This is important since the more stakeholders are engaged in the system, the more secure the distributed ledger will be. This also means…

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Decentralisation

Decentralisation of the Cardano ecosystem is important because it helps the network maintain operational resilience against denial of service attacks and other forms of network and service outages; for example the Dyn DNS outage that took a large amount of the internet offline a few years back. It also helps ensure that the network is…