Image for Ouroboros

Ouroboros

Ouroboros is an ancient symbol depicting a snake or dragon eating its own tail, representing cycles of renewal, infinity, and self-sufficiency. In modern contexts, it’s used metaphorically to illustrate concepts like continuous renewal, the cyclical nature of life, or self-sustaining systems. In technology, particularly in blockchain and cryptography, Ouroboros refers to a proof-of-stake consensus algorithm designed to securely and efficiently validate transactions by aligning economic incentives, ensuring the network’s operation remains decentralized and energy-efficient. Its imagery underscores the idea of ongoing renewal and balance within systems.