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Cardano Achieves Historic Feat by Reaching Complete Decentralization
Summary: At 21:44:51 UTC, Cardano, the fourth-largest blockchain by market cap, became fully decentralized, with block production now being completely controlled by the community. The global network of more than 2,000 stake pools is now in the driving seat. Aparna Jue, product director at IOHK, calls it “a key milestone” for the blockchain’s development: This is ...
At 21:44:51 UTC, Cardano, the fourth-largest blockchain by market cap, became fully decentralized, with block production now being completely controlled by the community. The global network of more than 2,000 stake pools is now in the driving seat.
Aparna Jue, product director at IOHK, calls it “a key milestone” for the blockchain’s development: This is a key milestone in Cardano’s development, as it is the first component of the handover of control to the community. This is a process that will continue throughout the rest of this year.
He adds that Cardano plans to add implement peer-to-peer network decentralization as well as advanced governance features in 2021.
By Amy Liu
Tags: Cardano,community,decentralization
Link: Cardano Achieves Historic Feat by Reaching Complete Decentralization [Copy]
