April 19, 2017 • Michael Parsons

Passing the baton: Why it’s time for a new blockchain

In my previous post Cardano: A Blockchain with Privacy and Regulation, I laid out in broad strokes how we at Cardano are building a new kind of blockchain, which we believe will be a significant upgrade on the version of the technology we have now.

But why do we think we need to update blockchain, and what, in our opinion, does such an upgrade entail?

These are important questions because they lie at the heart of how we are approaching our work...

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April 18, 2017 • Michael Parsons

Cardano: A Blockchain with Privacy and Regulation

Blockchain is a potentially transformative technology. However current solutions are hampered by issues such as lack of regulatory oversight, experimental software with unproven security, poor governance that stifles scalability, and a lack of long-term planning for protocols. With the imminent launch of the Cardano protocol and the completion of the first ever crowdsale to perform detailed compliance checks on its 10,000 individuals, Cardano aims to change this.

The Cardano project is a next generation blockchain, creating a new decentralised economy, and democratising finance in emerging markets. It addresses the need for regulatory oversight whilst maintaining consumer privacy and protections through an innovative layered architecture...

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