Cardano Network Updated
Developers from IOHK implemented an update that allowed to decentralize the creation of blocks in the blockchain of cryptocurrency
Now the blockchain cryptocurrency Cardano has become more decentralized than before. 2000 blockchain mining pools are responsible for the creation of new blocks, not developers.
The goal of cryptocurrency is to achieve full decentralization. An important step in that direction has now been taken. The guys from IOHK went seven months to this event. Changes were made as the updates were introduced. This helped to ensure the stability of the blockchain.
The transition to full decentralization will continue throughout 2021. The challenge facing the creators of cryptocurrency is the lack of control on the part of developers. All should be dealt with by Cardano users:
- Create blocks
- Develop networks
- Manage the system.
You can get access to ADA mining by freezing some of the tokens. It’s an eco-friendly way of mining. That’s why Cardano outperforms bitcoin in this respect.
You can get more information, register and start trading on Binance.
The article has an informational character, reflects the opinion of the author. Before you make a decision, analyze the market situation.