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: BNB Reaches New All-Time High Of $956 As Binance Nears Deal With US DOJ
  • 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: BNB Reaches New All-Time High Of $956 As Binance Nears Deal With US DOJ

Hoskinson Estimates March 2021 For Full Decentralization of the Cardano Network

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.

IOHK CEO Charles Hoskinson hosted a surprise AMA recently in which he announced a reduction in Cardano’s “D” (decentralization) parameter to 0.5.

“That means we’re just about to cross a threshold here in a little bit for “D” to fall below five, which means more than half of all the blocks will be made by the community, not the OBFT [Ouroboros Byzantine Fault Tolerance] nodes. That’s a major milestone.”

What’s more, at the current rate of progress, Hoskinson states the network will be fully decentralized in March 2021. At this point, “D” would equal 0, meaning independent stake pool operators produce 100% of the blocks.

The “D” parameter refers to a scale of decentralization, a reading of 1 = fully centralized, while 0 = fully decentralized. Over time, the “D” parameter reduces bit by bit from 1 until it reaches 0.

Cardano’s D Parameter

Crucial to Cardano’s end goal is the fulfillment of a fully decentralization network. But talk is cheap, especially when considering the complexity of building a secure blockchain that works as intended.

With that, Cardano decided on a phased approach to decentralization. At the Byron to Shelley hard fork, all of the block producing nodes were federated. In other words, at this stage, “D” = 1. However, over time, subject to network stability, independent stake pool operators would start to produce more of the blocks.

Each subsequent epoch since the Shelley hard fork has seen a handover rate, to stake pool operators, at 0.02 per epoch. This will continue until “D” equals 0.

There are other factors to consider when it comes to decentralization, namely the geographical distribution of the network and governance. The former takes care of itself via the randomness of stake pool operators joining the network. At the same time, the Voltaire phase will handle the latter by way of implementing a treasury function and community voting.

The purpose of the “D” parameter is to gauge Cardano’s block production distribution from centralized to decentralized sources.

As much as users want full decentralization now, IOHK Software Engineer Kevin Hammond explained that taking a steady approach allows for a more stable network in the end.

“This gradual process will allow us to collect performance data and to monitor the state of the network as it progresses towards this all-important point. A parameter-driven approach will help provide the community with transparency and a level of predictability.”

IOHK Updates Daedalus Wallet For Better Staking Experience

Yesterday saw the release of the new 2.4.0 Daedalus wallet from IOHK.

It features several changes geared towards improving the staking experience for users. This includes a saturation indicator, so users know when switch to a less crowded pool, therefore maintaining optimal staking rewards.

As well as that, IOHK has also added a table view for easier comparison of stake pools. While a new calculator helps with estimating potential rewards.

OUT NOW: New Daedalus 2.4.0 for continues to improve the #Cardano delegation user experience. It brings a number of new features, including a saturation indicator for stake pools, to show how close to saturation a pool is getting @Cardano 1/4 pic.twitter.com/c7SEhrm3Tx

— Input Output (@InputOutputHK) October 28, 2020

Like most alts, Cardano has been hit hard by Bitcoin’s rising dominance. The past week has seen an 8% drop in price, pushing it out of the top ten.

Cardano daily chart

Source: ADAUSDT on Tradingview.com
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 ada adausd

Cardano Price Prediction: ADA Bears Test Support, Bulls Eye $0.92 Breakout on Hoskinson Boost

Cardano (ADA) has entered September with mixed signals. On-chain data from Santiment reveals that retail sentiment has dropped to its...

James Halver 1 week ago
Cardano news

Cardano Sentiment Crashes To 5-Month Low As ADA Defends Key Price Level

Cardano’s mood music has flipped. Even as ADA has rebounded about five percent from its late-August lows, on-chain analytics firm...

Jake Simmons 1 week ago
Cardano, ADA, Charles Hoskinson

Cardano (ADA) Redemption Controversy Over? Hoskinson Shares IOG Audit Results

Following the controversial accusations, the results of the third-party forensic review of the Cardano (ADA) voucher redemption program have been...

Rubmar Garcia 1 week 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

История развития Cardano

Cardano Is Not Dead: Analyst Confirms Breakout With New ADA Price Targets

Scott Matherson 4 days ago
Cardano

Cardano Pushes Past $0.85: Falling Wedge Breakout Confirmed?

Keshav Verma 1 week ago
Cardano koers alarm: technische analyse geeft ADA koers 10x signaal

Cardano koers alarm: technische analyse geeft ADA koers 10x signaal

Lars Diederiksen 1 week ago

Premium Sponsors

Press Releases

  • Najbolji altcoini za kupnju dok Solana cijena doseže povijesni vrhunac

    Najbolji altcoini za kupnju dok Solana cijena doseže...

    20 minutes ago
  • 3 niskokapitalizirana altcoina koja bilježe snažnu akumulaciju dok se sezona altcoina zahuktava

    3 niskokapitalizirana altcoina koja bilježe snažnu...

    36 minutes ago
  • Trh s kryptoměnami se zahřívá: Bitcoin Hyper (HYPER), Wall Street Pepe (WEPE), Maxi Doge (MAXI) a PepeNode ve hře

    Trh s kryptoměnami se zahřívá: Bitcoin Hyper (HYPER)...

    7 hours ago
  • 3 nízko-kapitálové altcoiny, které zažívají masivní akumulaci během altcoin sezóny

    3 nízko-kapitálové altcoiny, které zažívají masivní...

    7 hours ago
  • A legjobb altcoinok, amiket érdemes megvenni, ahogy a Solana ára megközelíti történelmi csúcsát

    A legjobb altcoinok, amiket érdemes megvenni, ahogy a...

    8 hours ago

Newsletter

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.