This is How Cardano Switches to Decentralization Securely, Team Explains

On March 31, Cardano will become a fully decentralized platform, this means that over 1,800 community pools will be responsible for block production. 
Since the release of the Shelley update in July 2020, Cardano was slightly criticized by the DeFi community for issuing their own blocks while its SPO (stake pool operator) was being developed, instead of leaving the production to the community. Now the protocol is ready to become a fully decentralized platform.
Cardano’s Launch for Decentralisation 
The team behind the protocol explained per a blog post how Cardano is switching to full decentralization securely. According to the document, Ouroboros, Cardano’s proof-of-stake (PoS) protocol is organized with 120 hour periods (5 days).
These periods are called “epochs” and they update the stake distribution and the leadership of cryptographic nonces. By now, its proof of correctness has proven promising results by showing a steady state. Every five days an unpredictable leadersh

Czytaj więcej

Źródło: https://cryptopotato.com/this-is-how-cardano-switches-to-decentralization-securely-team-explains/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy