Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Cardano Forum => Topic started by: Niteroy on June 23, 2019, 08:52:46 AM
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Cardano: Shelley Testnet’s ‘networking and incentive reward model’ features will be rolled out soon
(https://ambcrypto.sfo2.digitaloceanspaces.com/2019/06/coming-soon-2550190_960_720-e1561213030547.jpg)
Cardano’s long-awaited Shelley Testnet was launched on 21st June. The latest upgrade which has been categorized into different stages involves hosting a “self node” as its first stage, with the big potential of setting up the incentive system as its third stage.
David Esser, Senior Product Manager for Cardano at IOHK, defined the first stage as “blockchain in a box.” The “self node” is basically a full blockchain which could be run on a user’s computer and also allow them to test the “core capabilities.”
In the latest edition of “The Cardano Effect,” Esser stated,
“This is the beginning of Shelly, not the end. We’re still going to deliver the full capabilities we talked about but we’re going to start by working with the community and testing core capabilities”
The senior executive also revealed that “networking between different servers” and setting up an “incentives model” had not been launched on the testnet yet. Esser further added that the two features will be rolled out soon.
The next phase of the testnet is implementing “networking” capabilities. This essentially, would enable users to run nodes on separate servers and “have those servers be talking to all the other servers,” stated Esser.
Following the same is the incentive model which will not only involve delegation and staking, but also testing the incentive reward model for the purpose of studying how testnet supports human interaction. Esser added,
“Humans are unpredictable, so we have this model designed with parameters built in and now we have to see how it behaves in the real world and adjust the parameters to match what humans do and so that’s going to be really really really interesting.”
https://ambcrypto.com/cardano-shelley-testnets-networking-and-incentive-reward-model-features-will-be-rolled-out-soon/
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On the basis of Shelley Testnet's just to repair the network from Cardano, if we refer to Cardano still the network is still good if compared to other Altcoin such as Monero and Zcash.
We'll see if Shelley Testnet's will be able to raise network transactions from Cardano. See you again.
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On the basis of Shelley Testnet's just to repair the network from Cardano, if we refer to Cardano still the network is still good if compared to other Altcoin such as Monero and Zcash.
We'll see if Shelley Testnet's will be able to raise network transactions from Cardano. See you again.
In any case, the project needs updating and development in order to improve and cope with the competition, so it’s good that the #DevelopmentTeam is looking for ways to make the network better, more stable and faster.
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If in developing a coin, then the results must definitely be better than now when it was developed.
As with the case of the Cardano coin and certainly this is the best thing to continue to be beside Cardano and continue to develop ideas for advancing Coin Cardano.
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I think this is a good time to buy these coins because I see more and more people are interested in long-term investment in this industry
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As a cardano fan, this is what I am waiting for. Many people saying that cardano has no product yet but for me its better to invest early in this project than to buy at a high price when Shelley comes out. Im a believer of cardano and I hope it will give us good return in the next bull run.
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As a cardano fan, this is what I am waiting for. Many people saying that cardano has no product yet but for me its better to invest early in this project than to buy at a high price when Shelley comes out. Im a believer of cardano and I hope it will give us good return in the next bull run.
It's been more than a month from the time of this article and nothing more happened. Be wise buddy. ADA has nothing than a colorful whitepaper. You would get a fortune if the amount of money spent on ADA went on bitcoin. Do you feel anxious waiting for the day that your ADA fund recovers, lol?
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any news about this?
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Its that time again Spread the word,
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visit the website for more details as they come...
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Thanks for the replies. I appreciate it.
Good feedback all. Ill put some thought into it and be back with more questions in the next day or two.