Shelly Mainnet from Cardano, the third generation blockchain has contributed to another pillar of blockchain providing for true decentralization. They have been busy in 2020 while making new hires and substantiating product launches. After half year and change, they are continuing to do lot of amazing things.
With the coming of Shelley which is a creation of thousands of hours of research, it is now available for practical application and the community is geared towards enjoying amazing things.
Cardano Foundation tweeted: “The new-look Cardano Foundation website is live. As the last deliverable of Project Renovare, our refreshed branding is a reflection of the readiness of the Cardano blockchain, which has become decentralized through the launch of staking and delegation.”
On August 03, 2020 Daedalus was upgraded to version 2.0.1. Rewards in Cardano are calculated in the beginning of each epoch and the rewards are distributed at the start of the next. Each Epoch in Cardano lasts for 5 days. It is important to note that the reward percentage differs from the incentivized TestNet (ITN)
Epoch in Cardano refers to a particular period in time in history of a person’s life. For those who are not aware of the term Epoch, “In Cardano, the time range encompassed by slots varies and can be modified within the algorithm. Epochs work in a circular fashion: when one ends, another one comes online. Each epoch has a slot leader, who is elected by stakeholders or nodes that have already generated coins.”
Sydney Ifergan, the crypto expert tweeted: “Those who are willing to earn their rewards should be heading to producing Cardano blocks and earning ADA rewards. Ranking tables to kick in soon.”
In just, 5 days and a community of 760+ stake pools progressing towards the Shelley Epoch.
With Shelley here, there is a survey which is looking for opinions from people about which industry vertical will have the largest numbers of Dapps on the Cardano in the next 5 years. Whether in supply chain management, finance and fintech, or healthcare and Pharma – the community is geared towards fruitful cooperation.
Several virtual sessions are lying ahead to discuss Cardano and to take things from where they are now to where they are to be in a progressive manner for the good of mankind. Cardano is expected to be more than just another Dapps home platform. Endurance to ensure quality is expected at large.
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A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5
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