Cardano Onboards 700+ Decentralized Stake Pools 5 Days after Shelley

The development of Cardano blockchain, around the Shelley mainnet upgrade which recently went live, continues as its parent company, IOHK, reveals a number of updates that has been achieved following the hard fork release.

Not less than 700 stake pools have onboarded in just five days after the Shelley mainnet launch, significant development highlighted by IOHK in the latest thread of updates has shown.

Cardano has crossed its first Shelley epoch boundary by welcoming the over 700 stake pools. However, a full epoch 0 would be relayed to the community tomorrow.

IOHK said while the Shelley upgrade of the blockchain technology is fully around now, it is Cardano blockchain network is sure of getting better.

Cardano’s Shelley Wallet First Maintenance Update Goes Live with Advancement

Alongside the new stake pools onboarded, Cardano has also launched its first maintenance update for the new Shelley wallet. Yet another development dedicated to offering users better experience.

The first maintenance update comes number of important improvements for the wallet to let users execute transactions easily. Also, it enables the full listing of stake pools to Daedalus.

The new Daedalus 2.0.1 wallet is now available for download in Mac, Linux and Windows version. However, it is important to note that unlike the previous version of the wallet, Daedalus 2.0.0, Daedalus 2.0.1 has no support for ITN rewards redemption, but IOHK has made provision for an official wallet redemption which would be available in a further Daedalus update this week.

Post Shelley: Lesser Skeptics awaits Cardano – Weiss Rating

The Shelley upgrade has no doubt placed Cardano on the mantle among its contemporaries, upsurging the cryptocurrency to the 6 positions from around 12th within a space of 2 months. In the same line, the Shelley mainnet release gave Cardano more popularity within the blockchain ecosystem and beyond.

Buttering more on the benefits Shelley has brought Cardano, the international rating which claims to be unbiased, Weiss Rating, foresaw that in the post-Shelley era, the number of people who doubt Cardano would be reduced.
This can be linked to the fact that Shelley brings out some of the quality, use cases, and potency of Cardano to the limelight.

The crypto rating firm furthered that Shelley, unlike upgrades launched by other cryptographic projects, is a much worthwhile development and not just as a tech upgrade.

Shelley would show the world that the team behind Cardano has the ability to live up to their billings and deliver their promises, Weiss added.

Nevertheless, Daniel Larmia, the CEO of Block.one, the tech company backing EOS cryptocurrency, sees the Shelley upgrade as nothing important stating that Cardano “completely unsuitable for most use cases.”