The Currency Analytics
By Steven Anderson
CARDANO EFFECT WEEKLY LIVE STREAM
DECENTRALIZATION OF SOCIAL MEDIA
WISHED MERRY CHRISTMAS TO THE COMMUNITY
1000 OPERATORS ON NETWORK
Importantly, there is a weekly live relay on YouTube. In particular, the podcast is highly educative and gives answers to common community questions.
Obviously, the Cardano Community supports and grows the Cardano ecosystem. Definitely, the Cardano Effect is the podcast from Cardano, which simplifies developer 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…
Interestingly, the biggest social media platforms in the world are making a goal on decentralization.
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.
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…
Shelly Phase is mostly about decentralization. The Cardano network has taken an important step in achieving it.
“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.