Cardano Gets Nearer to Shelley Now That Hard Fork Arrives, Here’s How

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Mon, 02/24/2020 - 17:01
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Yuri Molchan
Now that Cardano has conducted the hard fork, it has taken a major move towards implementing Shelley – here’s why the fork is crucial for it
Cardano Gets Nearer to Shelley Now That Hard Fork Arrives, Here’s How
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A couple of days earlier, on February 20, Cardano succeeded in implementing a hard fork called Ouroboros BFT. The network now runs on a better consensus mechanism. What is more, this is a big step towards implementing Shelley on the network. A recent blog post published on Medium explains why.

When Cardano spread the word about the hard fork launch on Twitter three days ago, it said that this upgrade was to “pave the way for the Shelley mainnet release.”

So far, the mainnet uses Ouroboros ‘Classic’ – this a PoS consensus protocol. Although, Cardano users cannot vote for validators and choose those themselves.

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Once Shelley arrives, the situation will change and these restrictions will be removed – users will get a chance to elect validators by staking their ADA tokens. Shelley will be launched in two steps so as the network remains intact, without any interruptions.

Initially, Shelley was planned to launch back in late 2019. But the team face several major setbacks and had to handle those. Now, the exact date of the release is vague so far but there is information that Shelley will be launched at some point in Q1 this year.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.

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