Cardano Passes An Important Milestone For Decentralization
It’s been just revealed a couple of days ago that Cardano managed to pass an important milestone towards decentralization.
Check out the post that the team at IOHK shared on their Twitter account.
A little under 5 hours from now, we’ll pass another important milestone for #Cardano #decentralization. A truly… epochal one (sorry). At 21:44 UTC today the stake pool community will take over a majority 52% of all block production. Over to you. Let’s keep rolling… 🙏💪 pic.twitter.com/m3jBtE3aoA
— Input Output (@InputOutputHK) November 6, 2020
The announcement was received with massive enthusiasm by the community.
Someone said: “That‘s fantastic! #HRMS and #HRMS2 are ready to add more to our already 1.000 produced blocks!”
Another follower posted this message: “We are ready to take it over. Roll it over the pool community.”
Cardano has been making headlines a lot these days due to various achievements and bold plans for the future.
Regarding the price of ADA, at the moment of writing this article, ADA is trading in the red just like most of the digital assets and the coin is priced at
$0.106280.
ADA is down by almost 4% in the past 24 hours.
Cardano in the news
Just the other day another important announcement came in from Cardano.
IOHK dropped an important announcement about the efforts towards the Cardano decentralization.
Check out the recent announcement that the team shared on social media:
NEW BLOG: On December 6th, we’ll be changing the k-parameter as part of our ongoing commitment to #Cardano decentralization, opening up further opportunities for stake pool growth.
As an #ADA delegator or SPO, here’s what you need to know @cardano https://t.co/y6ynyuAWW2 pic.twitter.com/nfaKKEKODV
— Input Output (@InputOutputHK) November 5, 2020
In other recent news, it’s been revealed that the Cardano Foundation is analyzing potential ways in which they could help amidst the powerful second wave of Covid-19 that has hit the world.
