Importantly, there is a weekly live relay on YouTube. In particular, the podcast is highly educative and gives answers to common community questions. It should be noted, the live stream is afterwards available on YouTube.
Obviously, the Cardano Community supports and grows the Cardano ecosystem. Definitely, the Cardano Effect is the podcast from Cardano, which simplifies developer information into small pieces of easy information.
On the other hand, Charles Hoskinson—Cardano’s founder, replied to a tweet of Jack Dorsey. Whereas, Jack Dorsey tweeted that he is working towards making an open standard for decentralized social media. In addition, Charles Hoskinson, in reply to that, tweeted: “I’m in Jack. Just let me know what you need”.
Interestingly, the biggest social media platforms in the world are making a goal on decentralization. Furthermore, the founder feels that this is the time for giving up centralized solutions.
Dorsey stated, “For social media, we’d like this team to either find an existing decentralized standard they can help move forward, or failing that, create one from scratch.”
Clearly, the decentralization of social media is in its infancy, and the team is going to have a tough road ahead.
Charles Hoskinson posted on his update about the progress in the Shelly Incentivized Network. Charles stated that he was pleased about the launch. He acknowledged that there were a lot of bugs and intermittent bugs reported.
Charles said that they would cut the release with updates to Jormungandr, the wallet’s backend, on December 23rd to clear the issues and also Wished Merry Christmas to the Community.
Shelly Phase is mostly about decentralization. The Cardano network has taken an important step in achieving it. The foundation encourages delegation and third-party stakes. The developers are confident to make Cardano the most decentralized. At present, there are 466 staking pools. Cardano is focusing on adding 1000 operators on the network.
“We expect Cardano to be 50-100 times more decentralized than other large blockchain networks, with the incentives scheme made to reach equilibrium around 1,000 stake pools.”
The minimum requirements to run a Cardano Staking Pool are 4GB of RAM, a good network connection with 1GB bandwidth, and a public IP4 address.
The influential people in the blockchain industry like CZ of Binance, Jihan Wu, Jack Dorsey, David Marcus, Brian Armstrong, Vitalik Buterin, Brad Garlinghouse, Charlie Lee, and more of them along with their team are contributing to the evolution of the blockchain industry.
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