Staking on Cardano celebrated 3 birthdays

On July 29, 2020, there was a Shelley hard fork that started staking on Cardano. Staking on Cardano celebrated 3 birthdays.

On July 29, 2020, there was a Shelley hard fork that started staking on Cardano. Staking on Cardano celebrated 3 birthdays. Let's see what this means for the project. What the Shelley hard fork brought The Shelley hard fork primarily represented a major shift in the decentralization of the Cardano network.

Although the transfer of consensus to the hands of ADA holders was gradual (controlled by a parameter), relatively quickly nodes operated by independent operators produced 100% of all blocks. Cardano has become completely independent of the nodes operated by the IOG team.

I dare say it was also a big shift for the blockchain industry. Although several blockchains using Proof-of-Stake (PoS) consensus were running in 2020, for example, Algorand which was launched in June 2019…

Read article: Staking on Cardano celebrated 3 birthdays

NFTxLV - Sep 29 - Oct 1, 2023 | Las Vegas Convention Center

Discover the intersection of art and blockchain with NFTxLV, where the world of NFTs collides with the allure of Las Vegas, creating an unforgettable experience for collectors, artists, and enthusiasts alike.GET TICKETS!

Read Original Article on Cexplorer

ORIGINAL SOURCE

https://cexplorer.io/article/staking-on-...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.