Ouroboros - A Provably Secure Proof of Stake Protocol

Explore the Ouroboros protocol, a groundbreaking proof-of-stake blockchain consensus mechanism, in this 27-minute conference talk presented at Crypto 2017. Delve into the paper's key concepts, including the IntroLedger objective, background, and proposal. Examine the challenges faced and the comprehensive security analysis conducted. Understand the problem the protocol aims to solve and how it extends the blockchain. Discover the portable and dynamic aspects of Ouroboros, its dependency structure, and the innovative "God Coin Tossing" mechanism. Gain insights into this provably secure protocol that revolutionizes blockchain technology and cryptocurrency systems.