What is “formal verification” of cryptocurrency software?
You may have heard that Cardano ADA is aiming for formal verification of its core software. What does it mean for software programs to be formally verified? Why is it important for cryptocurrencies? In this article we take a quick and superficial look at formal verification and why it may be desirable in the future […]
ELI5 Semi-formal Cryptocurrency Development
We’ve previously discussed formal software verification as related to crypto programming. Today we’d like to discuss an intermediary concept called semi-formal cryptocurrency development. Brief Review of Formal Verification In formal verification, every single possible logical state of a computer program must be mathematically proven. This kind of proof can consume tens, even hundreds, of pages […]
ELI5 Cardano Staking & Basic FAQ
In this article we look at the very basics of Cardano staking. If you’ve got any experience whatsoever with other Proof of Stake coins, then you probably don’t need to read this intro. Although cryptocurrency staking is a complex process, readers need zero previous knowledge in order to understand this text. Cryptocurrencies work in a […]
Understand the Basics of Trading Cryptocurrencies
Cryptocurrencies can be traded in many different ways which, in the end, aren’t very different from the stock, option and derivative markets. The same models used in centralized stock markets were applied to cryptocurrencies, adjusting the business rules and systems to the technology used in crypto deposits and withdrawals. In fact, after deposits are confirmed, […]
Concepts In This Page
Cardano is a 3rd generation cryptocurrency which is developed based on scientific methods, peer review and aims for formal verification and on-chain governance and compliance.