NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Cardano Mainnet Goes Live Today, Here’s What to Expect

Samuel Wan
Samuel Wan
4 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

After five years of development, Cardano will launch the Shelley mainnet today at 21:45 UTC.

The weekend saw a frenzy of activity from developers, IOHK, who were busy performing last-minute checks and tests to ensure a smooth transition from the Byron chain.

“The current Cardano Byron mainnet will become the Cardano Shelley mainnet on Wednesday 29th July 2020 at 21:44:51 UTC, starting at epoch 208.”

According to their blog post, which they posted on Monday, the final versions of critical software components are complete. However, minor tasks related to the wallet and explorer still needed finishing.

” We’ve released the final hardfork-ready versions of cardano-graphql, cardano-rest and cardano-db-sync. We still have a small amount of work to do on the wallet backend and explorer, as well as continuing to optimize performance across the board. But nothing major now.”

With that, the Shelley mainnet release looks to be on track for launch at the scheduled time.

Here’s What Cardano Investors Should Expect

This morning, Cardano founder, Charles Hoskinson gave an update on the workflow situation, as well as what to expect today.

“All the tests look good, everything is green, everything finished today. So we are 100% ready.”

Tomorrow https://t.co/wPEbM3yTSx

— Charles Hoskinson (@IOHK_Charles) July 29, 2020

Hoskinson mentioned that the Shelley upgrade would require Daedalus users to update to the latest Daedalus mainnet wallet.

“Daedalus is going to get a red screen and say “hey you need to upgrade.” You guys need to upgrade, so if you go to daedaluswallet.io, or I think the upgrade may be distributed automatically to the software. I can’t remember.”

Cardano's native Daedalus wallet

Source: daedaluswallet.io

However, Ledger and Tezor hardware wallet users will have to wait until the respective manufacturers release firmware updates. Hoskinson expects both firms to release the updates by next week at the latest.

What’s more, the updated firmware will make the devices compatible with Daedalus and Yoroi wallets, as well as add cold staking features.

“You’ll be able to use your Ledger and Tezor device with Daedalus and Yoroi. Congratulations on that. You’ll also be able to do cold staking with the Ledger right off the bat. With Tezor, you’re going to have to wait until the next firmware update that’s going to occur in September.”

In terms of the crypto exchanges, the coming days and weeks will see them update their software to be fully Shelley compatible.

Exchanges who listed Cardano earliest will face delays due to the need to untangle the remnants of legacy software.

“the older exchanges like Bittrex and Huobi who’ve been listed for a long time, there’s a lot of [inaudible], so fragmentation and some legacy stuff in the software that’s going to need some cleaning.”

The Shelley mainnet represents the culmination of years of development by the Cardano team. While the project has taken criticism over missed roadmap deadlines, today should mark a joyous occasion for investors who kept their belief.

cardano ada
The price of Cardano (ADA) against USDT. Source: TradingView.com

The event will be live-streamed on the Cardano Effect, with Charles Hoskinson joining the hosts.

Tweet123Share196ShareSend
Samuel Wan
Samuel Wan

Samuel Wan

Samuel Wan is passionate about different cultures and eating good food. He has years of experience working in business and finance — a burgeoning interest in Bitcoin and cryptocurrencies since 2017. UK based.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Cardano price

Cardano Price Woes To Continue? Analyst Expects ADA To Fall To $0.47

The Cardano price performance has been nothing short of shambolic since the start of May, falling from the lofty heights...

Opeyemi Sule 1 week ago
Cardano (ADA) Bears Active

Cardano (ADA) Bears Active — Token at Risk of Another Leg Down

Cardano price started a fresh decline below the $0.5750 zone. ADA is now consolidating and might struggle to stay above...

Aayush Jindal 1 week ago
Cardano, ADA, Charles Hoskinson

Cardano Headed For $0.32 If This Level Isn’t Reclaimed – Is ADA’s Rally Over?

Cardano (ADA) has been struggling to hold some crucial levels over the month, falling to multi-month lows over the weekend....

Rubmar Garcia 2 weeks ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Cardano (ADA) Turns Upward

Cardano (ADA) Turns Upward — Signs of a Recovery Emerge

Aayush Jindal 1 day ago
Cardano (ADA) Sideways

Cardano (ADA) Sideways — Support Intact, But No Spark for a Move Yet

Aayush Jindal 1 week ago
Cardano

Can Cardano Lead In Bitcoin DeFi? Founder Says It Needs A Central Voice First

Christian Encila 1 week ago

Premium Sponsors

Press Releases

  • Alternativni kripto uz DOGE koji bi mogao pretvoriti 650 $...

    19 minutes ago
  • Token6900

    TOKEN6900: Meme Coin Tiềm Năng Với Presale Rẻ...

    22 minutes ago
  • Predviđanje Cijene Bitcoin Hyper ($HYPER) Šta Donosi 2025., 2026. i 2030. godina

    Bitcoin Hyper Gọi Vốn 2 Triệu USD Trong Presale Khi...

    31 minutes ago
  • 3 altcoinuri de urmărit în prima săptămână a lunii iulie 2025

    4 Alt coin Tốt Nhất Tuần Này Dựa Trên Tiện...

    41 minutes ago
  • EstateX Appoints Former RE/MAX Leader as Web2 CEO After...

    1 hour ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.