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Author Topic: In 61 days, Cardano will be completely in the hands of stake pool operators.  (Read 664 times)

Offline Malam90

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On Mar. 31, all of the blocks on the Cardano network will be produced by independent stake pool operators. IOHK, the company behind Cardano, will no longer participate in block production, making Cardano the only truly decentralized blockchain network on the market.

T-61 days until Cardano becomes completely decentralized
Decentralization has been one of the biggest talking points of the crypto industry for the better part of the last year. With centralized blockchains and blockchain companies continually suffering issues that stem from a lack of community participation in governance, the entire industry seems to have pointed its sails at a more inclusive, decentralized future.

However, few networks have actually managed to get close to the decentralization they preach. Only a handful of projects, which include Polkadot, Avalanche, Cosmos, Tezos, and Cardano, have actually managed to achieve significant decentralization and have over half of their circulating supply staked to secure the network.

However, none of these networks will be as decentralized as Cardano is set to be in just 61 days. Namely, on Mar. 31, just over two months from today, all blocks on the Cardano network will be produced by stake pool operators.

And while that might not seem like that huge of a deal, this effectively means that IOHK, the company behind Cardano, will no longer be involved in block production in any capacity. Source Link

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