ADAvaultDuncan Coutts is one of the great unsung heroes of the Cardano universe. He was instrumental in the original design of the node and networking layer, including the “secret weapon” of the Hard Fork Combinator that enables seamless protocol upgrades without needing to hard fork the chain. Duncan has been working on the P2P networking…
Charles spoke at the Binance Conference in Dubai a few weeks ago and touched on decentralisation. He got a fair reception all things considered (Binance have one of the most centralised chains around which is largely a cut and paste of Ethereum). You may be familiar with the blockchain trilemma of scalability (or speed), security…
So we have now passed the point where the decentralisation parameter “d” reaches zero. What does this mean? The d parameter sets the amount of blocks produced by Stake Pools (like ADAvault) versus the genesis nodes operated by IOG (the creators of the Cardano system). At the start of the Cardano blockchain (the Byron Era)…
We are fast approaching full decentralisation of the Cardano network with all blocks produced by Stake Pool Operators (SPOs) with the transition set to occur on March 31st, at the boundary of epoch 257. As Colin Edwards, Quantitative Strategist at IOHK, notes in this blog post: At the end of March, we’ll reach another significant…
Decentralisation of the Cardano ecosystem is important because it helps the network maintain operational resilience against denial of service attacks and other forms of network and service outages; for example the Dyn DNS outage that took a large amount of the internet offline a few years back. It also helps ensure that the network is…
