- In an exciting milestone for the Cardano network, the Shelley hard fork has just gone live on the network.
- This was heavily anticipated from the community and you can see the excitement from Charles Hoskinson on Twitter:
In an exciting milestone for the Cardano network, the Shelley hard fork has just gone live on the network. This was heavily anticipated from the community and you can see the excitement from the CEO of IOHK, Charles Hoskinson as he announced it on Twitter:
The Shelley mainnet is now live and with this phase being methodical, it marks the inauguration of the decentralised functionality for the Cardano network.
With this move to the Shelley phase of things, users will be able to hold the native token of the network and stake their coins as well as receiving rewards. Over the past few months, the native token for the network has been performing relatively well with many experts predicting that there is more to come for the digital currency.
The product director at IOHK, Aparna Jue has commented on the importance of this next step however made it clear that there were still developments on the way for the system.
“It’s a monumental achievement, but this doesn’t mean we’ll be standing still, and we’re looking forward to the delivery of the Voltaire and Goguen phases of the Cardano roadmap, which will see robust governance arrangements and smart contracts functionality put in place this year.”