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Cardano Ecosystem

HeraldSheets

03/25/2021

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Hoskinson Shares Roadmap to Feature Frozen In June As Cardano Takes Last Step to Full Decentralization

IOG CEO, Charles Hoskinson, has recently shared an infographic that contains the roadmap of Cardano development to Feature Frozen, which is to take place at the end of June. In the tweet, Hoskinson showed that between now and June,...

Hoskinson Shares Roadmap to Feature Frozen In June As Cardano Takes Last Step to Full Decentralization

IOG CEO, Charles Hoskinson, has recently shared an infographic that contains the roadmap of Cardano development to Feature Frozen, which is to take place at the end of June.

In the tweet, Hoskinson showed that between now and June, there will be an emergence of the Alonzo node, followed by a full Alonso node (API and CLI).

Read Also: Cardano Africa Mission Will Make a Large Group of People Have Digital Identity –Charles Hoskinson

Within this period, Plutus Development will bring about integrations such as Ledger integration, node integration, and WBE integration.

Captioning the infographic of the Cardano development roadmap, Charles Hoskinson tweeted, “There you have it kids. Projecting Feature Frozen at the end of June, then off to the HFC countdown. The Age of Plutus is upon us!”

There you have it kids. Projecting Feature Frozen at the end of June, then off to the HFC countdown. The Age of Plutus is upon us! pic.twitter.com/m8DqlzpYxj

— Charles Hoskinson (@IOHK_Charles) March 25, 2021

Read Also: Charles Hoskinson: We Are At the Cusp of Deals That Will Bring Millions of Users to Cardano

Cardano Gets Ready To Become Fully Decentralized

The attainment that the Cardano community has been looking waiting for is now around the corner.

IOG, the software firm behind development in the Cardano ecosystem has recently announced that 31st March 2021 is now confirmed for stake pools to take the full responsibility of block production on the Cardano network.

The development firm confirmed that the proposal to this effect has just been successfully submitted to the Cardano blockchain.

IOG tweeted, “D-DAY CONFIRMED: Today, we have just successfully submitted an update proposal to the Cardano blockchain, handing over full responsibility for block production to the stake pool operator community on March 31st. This is what Decentralization looks like. Onward!”

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What Does Full Decentralization of Cardano Network Imply?

When Shelly was deployed in late July 2020, D was set to an initial 1.0. This implies that every block was produced by IOG’s network of federated nodes, but things will change starting from 31st March 2021, when D reaches 0.

Read Also: Charles Hoskinson Highlights Lots Of Developments That Are Coming On Cardano In 2021

Once the D parameter becomes 0, there will be a confirmation that all new blocks are created by stake pool operators, which is an indication of the full decentralization of the Cardano network.

The increase in decentralized stake pools implies that more pools are creating new blocks and have the capability to share staking rewards with the users that delegated their ADA tokens to them.


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