ADA Coins in the Voltaire Era

With the advent of the Shelley era, ADA holders gained the ability to delegate their coins to a pool of their choice. This put stakers in charge of block production within the Cardano network. 

If a pool operator fails to meet expectations, stakers have the freedom to delegate to another competing pool at any moment. This concept of delegation and control extends to on-chain governance with the introduction of the Voltaire era. ADA holders can now delegate their coins to a chosen Delegated Representative (DRep). 

These DReps act as representatives for ADA holders when voting on governance actions. Thanks to the implementation of Cardano Improvement Proposal 1694 (CIP-1694), Cardano’s decentralization extends beyond just block production to include governance as well. 

This means that c Read article: ADA Coins in the Voltaire Era