CanonCardano
Cardano: paper, then practice.
Ouroboros is a proof-of-stake design that elects slot leaders from a snapshot of stake. Cardano is a later network. A published staking rate is not part of the paper.
Aggelos Kiayias, Alexander Russell, Bernardo David, Roman Oliynykov. 2017. Status: Design paper. Last reviewed: 1 October 2026.
- The paper. The academic protocol Cardano's settlement layer is built around. It gives a proof-of-stake chain a stated security argument in a synchronous model, with stake electing slot leaders.
- Proof of stake.
- Ouroboros profile.
- What changed.
- Stake and work.
- Staking checklist.
What this chain does not claim
It does not rank a network, quote a yield, or say the live client still matches the paper. The full study keeps the limits. Primary source: IACR ePrint 2016/889.
