Cardano Foundation Reveals Delegation Methodology

Cardano continues to take steps towards the achievement of the team’s bold plans.

The Cardano Foundation just shared another important announcement on its Twitter account. Check it out below.

The official blog post debuts with these words: “The Cardano Foundation is pleased to share its delegation methodology in accordance with our transparency principles, and in line with our promise to communicate to the wider community 4 during each part of the delegation process.”

The notes continue and reveal that “As an independent Swiss foundation, it is the Cardano Foundation’s job to ensure that the Cardano blockchain achieves sufficient decentralization, to increase stake pool operator engagement and empower individual stake pools, and to support the staking and delegation infrastructure delivered through Shelley.”

A follower had this message for the Cardano team: “Hoping the team revisits one requirement for a potential delegation from CF. The successful minting of blocks in the past. Many SPOs have been working, running nodes, waiting, since day 1 or 2, but simply don’t have the stake to mint. I get it, but it leaves ~50% of small pools out.”

Someone else praised the initiative and said: “Very good news. SPO community appreciates the support! Let’s keep building a healthy and rich ecosystem.”

We recommend that you check out the original blog post in order to learn all the details available about the delegation methodology.

The Cardano community is growing

Earlier, the Cardano Foundation made another exciting announcement on social media:

Regarding the price of ADA today, at the moment of writing this article, ADA is trading in the red, and the coin is priced at $0.091186.


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