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Cardano’s Charles Hoskinson Provides Insights Into Stake Pool Taskforce Ahead of Shelley Rollout

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Wed, 01/23/2019 - 18:18
  • Charles Hoskinson discusses the stake pool taskforce registration, which is currently open for all volunteers

Cover image via U.Today
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Charles Hoskinson, the CEO of Cardano, has recently conducted a live stream on YouTube to discuss how delegation and staking work with Cardano. He claims that they will ‘do things differently’ from Ethereum's Casper and NXT.

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Making staking conceivable for the general public   

They want to create a task force that will come up with a list of questions, and the navigator of this taskforce will filter them out. Currently, they only have ‘a very mathematical’ description of their staking works, which is clearly not beginner-friendly. Below the video, Hoskinson also posted a registration form for workgroup volunteers. Those who are actually interested in running the stake pool are encouraged to fill out the form as well.

Going from testnet to a production system

The wallet back-end is being decoupled from Cardano, and then they will be able to connect the whole thing to the Rust code or their brand-new Haskell code. The Rust code is currently ahead, which essentially means that it will end up to be the first release of Shelley, the next phase of Cardano roadmap.

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Decentralization is closer  

Speaking of the Shelley rollout, Hoskinson reveals that OBFT will run for all slots in the first epoch. Gradually, more and more slots will be turned over to the state pool, and OBFT will end up running zero slots, thus ensuring the decentralization of the network.

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.

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