Input Output Global

Cardano blockchain, Ouroboros Leios, peer-reviewed

USprivate~600 staffest. 2015iog.io (opens iog.io)Checked 11 Oct

The brief

Analyst view
  • Lead dev team for Cardano, processing 800,000+ monthly transactions via 10,500+ stake pools globally.
  • Van Rossem hard fork completed July 2026—first on-chain governance upgrade with 77.6% support.
  • Targeting Ouroboros Leios mainnet deployment by end of 2026 for 10–65x throughput gains.

Technical approach

As reported
Consensus

Ouroboros protocols

Peer-reviewed, formally-verified proof-of-stake family from Praos to the upcoming Leios variant.

Scalability

Leios and Layer 2

Leios overlay via endorser blocks and committees. Hydra and Midgard rollups add Layer 2 capacity.

Smart Contracts

Plutus platform

Security-focused language. v2 (Babbage) supports inlining and cost reduction for dev efficiency.

Governance

On-chain voting

DReps, pool operators, and constitutional committee jointly approve hard forks on-chain.

Primer