Cardano’s Early ‘Friends and Family’ Testing Produces Genesis Block for the Shelley Upgrade

2020-4-29 17:12

Cardano is on course for its ambitious upgrade to the Shelley mainnet, despite the ongoing crisis caused by the coronavirus pandemic.

In a recent development, the Cardano team has mined the test version of the genesis block of Shelley mainnet in a private beta testnet. This test version of the genesis block would make way for a successful first block whenever the Shelley mainnet is launched.

The reports about successfully mining the Genesis block on beta version was shared by Duncan Courts, the chief engineer of Cardano and was later confirmed by the Cardano founder Charles Hoskinson through his official twitter handle.

Cardano’s head tweeted a screenshot of the mined code along with a caption inspired by a Lord of the Rings saying,

Meanwhile in Cardano land, a Wizard arrives precisely when he means to! pic.twitter.com/rNVOtWlNaz

— Charles Hoskinson (@IOHK_Charles) April 27, 2020

Hoskinson also revealed that the beta version of the Genesis block was produced within the “friends and family,” stage, which means the testnet version was not available for the wider developer community and is only accessible to close groups of engineers within the Cardano family.

Shelley Mainnet: Upgrade Scheduled to Roll-Out in Phases

Shelley mainnet upgrade is one of the most talked-about upgrades on the Cardano blockchain which will be rolled out in phases.

The first phase called ‘closed test' kicked off today with the mining of the genesis block. This will be followed by “hybrid phase,” which will be made available to the community and would allow them to upgrade from the current Byron blockchain to Shelley mainent.

After community on-boarding, the proper mainnet would be shipped which would allow the users to stake their coins on the Shelley mainnet as a medium of collateral and receive staking rewards in return for it.

Prior to mining the genesis block, Cardano foundation also announced Daedalus mainnet wallet which promises improved security and speed for the Cardano network.

The biggest highlight of the wallet is its significantly decreased sync time of 1-hour, which is a big improvement over the previous version, which took anywhere between 9-14 hours to sync with the mainnet. The Daedalus wallet was introduced with a recent reboot of the Byron blockchain.

The reboot of the Byron blockchain also helped the network move away from its existing Serokell code, which would in turn help in the transition towards the Shelley hardfork.

These developments towards the Shelley mainnet is well inclined with the goal proposed by Charles Hoskinson and it is believed that the mainnet won’t suffer from any major setback from its scheduled timeline.

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shelley cardano upgrade block mainnet genesis development

shelley cardano → Результатов: 126


Milestone: сеть Cardano Shelley выходит в эфир

После стольких лет разработки, основной пакет Cardano Shelley был наконец-то  запущен после жесткого форка. В конечном счете, переход от предыдущей сети, знаменует собой начало децентрализации. Запуск сети Cardano Shelley В среду Фонд Кардано объявил, что протокол перейдет из предыдущей централизованной версии Байрон, в Шелли.

2020-7-31 16:13


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Confirmed: Cardano’s (ADA) Long-Awaited Shelley Mainnet to Go Live After Successful Final Weekend Tests

The much-awaited Cardano (ADA) mainnet, Shelley, goes live later this week on July 29, founder Charles Hoskinson confirmed earlier today. Much-Awaited Launch In an announcement, IOHK – the parent firm of public blockchain Cardano – said it had successfully completed final tests over the weekend and gave the go-ahead on the Shelley hard fork.

2020-7-27 19:00


Cardano starts off first day of Shelley Virtual Summit with 5 new announcements

Cardano’a parent company IOHK started off the Shelley Virtual Summit with 5 major announcements, unveiling some of the innovations that were made possible by the public mainnet launch of Shelley, including its identity solution PRISM, a new model for governance on Voltaire, as well as a $20 million fund aimed at dApp development on Cardano.

2020-7-3 19:59


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Cardano успешно протестировал сеть Shelley

Децентрализованная блокчейн-сеть Cardano (ADA) поделилась несколькими обновлениями роадмапа в своем отчете о развитии, который содержит заметку об успешном тестировании Shelley Network.

2020-5-5 17:25


Разработчики Cardano сообщили о выпуске генезис-блока в тестнете Shelley

Основатель блокчейн-проекта Cardano Чарльз Хоскинсон поделился со своими подписчиками в Twitter информацией о добыче нулевого блока в тестовой версии cети, что еще на шаг приблизило сообщество к масштабному обновлению Shelley.

2020-4-28 12:01


Чарльх Хоскинсон рассказал об основных целях обновления Shelley

Во время выступления на конференции Emurgo Cardano Advisory в Японии, посвященной развитию финтеха, основатель Cardano Чарльз Хоскинсон рассказал участникам мероприятия о главных задачах июньского обновления Shelley.

2019-6-14 11:34


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Чарльх Хоскинсон рассказал об основных целях обновления Shelley

Во время выступления на конференции Emurgo Cardano Advisory в Японии, посвященной развитию финтеха, основатель Cardano Чарльз Хоскинсон рассказал участникам мероприятия о главных задачах июньского обновления Shelley.

2019-6-14 09:18


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Cardano растет в преддверии запуска тестовой сети Shelley

Монета Cardano начала расти в стоимости на фоне анонса запуска тестовой сети Shelley. За сутки ее ценник увеличился примерно на 15 процентов. Сегодня восходящая динамика криптовалюты сохраняется.

2019-6-13 10:48


Charles Hoskinson describes the future of Cardano, “100 times more decentralized than Bitcoin” after Shelley

Charles Hoskinson, the co-founder of Ethereum and current CEO of IOHK, recently appeared as a guest on the Ivan on Tech podcast and revealed the progress of the Cardano blockchain. Since IOHK released the “Cardano whiteboard and overview with Charles Hoskinson” video in October 2017, the company introduced major improvements to the platform, and Hoskinson was there […] The post Charles Hoskinson describes the future of Cardano, “100 times more decentralized than Bitcoin” after Shelley appeared first on CryptoSlate.

2019-4-12 21:50


Cardano (ADA) – What is staking all about? Can anyone run a stake pool?

Cardano has been making headlines lately due to Shelley, which simply means decentralization. The excitement around Cardano decentralization is the fact that, it Cardano is a Proof-of-Stake blockchain, which means investors will be in a position to stake Cardano (ADA) and earn a passive income from it. It’s the case with all the other Proof-of-Stake […]

2019-3-30 15:33


Are Cardano (ADA) updates to vague or are the holders just to impatient?

Cardano developer and CEO if IOHK Charles Hoskinson has been quite busy since the turn of the year. As the project moves towards implementing the Shelley update, one that is expected to bring several long-awaited features (like decentralization and staking), Hoskinson decided to hold another impromptu YouTube AMA and answer some popular community questions.

2019-1-17 00:16


Are Cardano (ADA) updates too vague or are the holders just to impatient?

Cardano developer and CEO if IOHK Charles Hoskinson has been quite busy since the turn of the year. As the project moves towards implementing the Shelley update, one that is expected to bring several long-awaited features (like decentralization and staking), Hoskinson decided to hold another impromptu YouTube AMA and answer some popular community questions.

2019-1-17 00:16