Advertisement
AD

Main navigation

Cardano ADA to Release New Ouroborous BFT Protocol, Hardfork Announced

Advertisement
Wed, 19/02/2020 - 16:00
Cardano ADA to Release New Ouroborous BFT Protocol, Hardfork Announced
Cover image via www.shutterstock.com
Read U.TODAY on
Google News
Contents
Advertisement

Tim Harrison, Marketing & Communications Director at Cardano (ADA) confirmed that a brand-new Ouroboros Byzantine Fault Tolerance (OBFT) consensus protocol will be released tomorrow.

Bridge to decentralization

It has been revealed that after 18 months of development, the Cardano (ADA) team is ready to update its main algorithm, Ouroboros Classic, to Ouroboros Byzantine Fault Tolerance (OBFT). While the first one is associated with Byron Mainnet, the OBFT is the last stage of system evolution before the Ouroboros Genesis which will power the Shelley Mainnet.

Related
Cardano Can Bring Fresh New Perspective to Crypto But It Needs Time: Weiss Ratings

This upgrade will occur on February 20, 2020, within the Epoch 176 of the Cardano (ADA) network. Neither ADA holders nor the participants of Shelley Incentivized testnet have been asked to do anything during the time of the upgrade.

Related
Cardano (ADA) Refreshes Its Architecture by Kicking Off New Node

The end-users will benefit from this anticipated update from its very early days. According to the official statement, the system performance (transactions per second, TPS) will be improved as well as blockchain adaptability and portability. Mr. Harrison also outlined that this novelty will re-consider the decentralization of the Cardano (ADA) blockchain as it will 

enable the evolution of Cardano on the Byron era, with its federated blockchain, to the decentralized Shelly era.

When Mainnet?

Most commonly, users on the Cardano (ADA) YouTube channel appreciated the upcoming release. Yet, due to the fact that, according to Mr. Harrison, the next update following the OBFT release will be shipped ‘over the next few months’, some of Cardanians are suspicious.

Related
Cardano's Shelley Testnet Surpasses 500 Stake Pools

The critics remember that Charles Hoskinson saying the Shelley Mainnet will be launched in Q1, 2020. Despite past commitments, now the release of Shelley may be delayed until Q2, 2020.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD