Cardano News Today – Top Headline for Cardano ADA December 6th, 2019

  • Cardano stress test – Staking pool administered over 1 million ADA transactions under 5 hours
  • Switch from Bryon to Shelly Decentralized Testnet

Amid Cardano stress test in preparation for the release of Shelley Incentivized Testnet, an aspiring pool Unspent declared that it helped process over 1 million ADA transactions in 4.13 hours.

A stress test is vital and measures how consistent a blockchain system is. During the implementation of this stress test, users are encouraged to try and break the system by overwhelming it. In Cardano’s case, overwhelming the network with many transactions and ensuring that the recovery is smooth. Users partaking in stake pools then collate their data and this helps the Cardano development team gauge the real behavior of the system when under stress for real rewards to ADA stakes. 

Commenting on this development, @unspentpool stated that, “great stress test today of Cardano Jormungandr v0.8.0-rc7 in anticipation of the Shelley Incentivized Testnet. Lots of great stake pool operators coming together to support IOHK’s developers and QA team. We processed 1 Million transactions in 4.13 hours. #ADA #Cardano.”

Candidly, the recent test result could verify significantly for Cardano as they pursue to tweak and perfect the system ahead of the Incentivized Testnet launch of the Shelley Phase. The Shelly Phase symbolizes the commencement of Cardano’s effort to decentralize the system, changing transaction dispensation away from the Cardano Foundation to the community.

Switch from Bryon to Shelly Decentralized Testnet

Currently, there are over 30 private stake pools eager to support the network once Cardano is functional. Though some information is unconfirmed, these stake pools might not be included once the official registration process commences.

For now, all ADA owners are advised to be observant and not send coins to any firms posing to be a stake pool. To be transparent, staking will be done via the official Daedalus wallet. Besides, there will be a list and detailed information on each of the registered staking pools. After that, owners will be at liberty to choose which pool to join and delegate their coins from within the Daedalus wallet.

Cardano is competing strongly with Ethereum, the first smart contracting platform. What sets them apart is their swift transaction process, scalability, and a peer-reviewed code. Charles Hoskinson the co-founder of Cardano is particular about the success of the Shelly Testnet, though there have been some delays in the past on the swift form Byron, the first developmental phase to Shelly. 

Cardano (ADA) Price Today – ADA / USD

NamePrice
cardano
Cardano
$0.138

The declaration of this incentivized Testnet sits well with the Cardano community. The Shelly phase is an attempt to decentralize the smart contracting network. The platform developers label this phase as “a period of growth and development for the network” of which the switch is projected to be smooth and low risk without service breaks.

Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.

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