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Here comes another episode on the update of Cardano Shelley mainnet release, featuring CEO Charles Hoskinson from warm sunny Colorado. Thanks to the great effort of the IOHK and Cardano team, the Shelley mainnet ship now has an exact date.
Samuel Leathers, the director of developer at IOHK, has initiated the update proposal to the Cardano main network, and the blockchain network has just about 5 days before the release of the Cardano Shelley mainnet, and the hard fork of Cardano from Bryon to the Shelley would be initiated.
However, the CEO of IOHK, Charles Hoskinson, has said this is the last time Cardano will be doing something this profound. He furthered that henceforth, Cardano is the best crypto project in the market when compared to Bitcoin, and soon as the native asset and smart contract is realized, Cardano would be the best crypto bar none.
“That really is a testimony to the work that was done.”
The countdown for the launch has begun. All things being equal, Charles Hoskinson said an endorsement would be granted for the update, and the fork will be initiated on the 29th of July without any hesitation.
Recognition was given to the effort of the stake pool operators who work along with the Cardano team, tested lots of software, and unearthed some bugs in the code over the last few months.
Charles said blockchain network Cardano was established in 2015 as a dream, with the aim of delivering Bitcoin’s promises as a system that could evolve rather than an experiment, so that the needs of billions of people would be met.
The hard fork, when released, would mark the transition of Cardano from the static and federated system to a dynamic and decentralized system, this is unlike other updates in the history of Cardano, Hoskinson said.
The CEO seems to be satisfied with the army of team and community members behind Cardano blockchain having achieved this milestone up to this stage.
Even though Cardano has a long way ahead of it, this is a great achievement for the blockchain network.
“To say that we’re going to take something as big and profound as Bitcoin, and build something better that, and do it half the time that it took Bitcoin to reach this scale and do it with principles,” Charles said that has always been the foundation they’ve been attempting to achieve.
The CEO who is also the co-founder of Ethereum, said today, the target has been achieved, and Cardano will be under the control of hundred, thousands and later tens of thousands stake pool operators, with the ability to influence the Cardano system and stewardship as long as they hold ADA coin.
“One ADA one vote.”