ADA milestone reached: block production on Cardano is now fully decentralised
After seven months of hard work optimising the platform, all block production on Cardano (ADA) is now in the hands of „Stake Pool Operators“ (SPOs).
IOHK, the company behind the blockchain, will no longer be involved in block production, making Cardano and Bitcoin Billionaire the only truly collaborative network on the market.
The decentralisation of Cardano has been successfully completed
Since Shelley’s launch in July last year, Cardano has been on the path to full decentralisation. However, significant effort and careful optimisation was required to bring the decentralisation parameter to zero.
Now, after over seven months of hard work, the network is fully decentralised.
In a press release, Cardano’s parent company IOHK says that all block production on the network is now in the hands of the 2,000 community stake pool operators (SPOs). IOHK will no longer be involved in block production on the platform and will only work on the protocols that underpin the network.
According to the company, this is a significant moment in the total decentralisation of Cardano (to buy Cardano at eToro guide), which will eventually achieve decentralisation in both governance and development. According to Aparna Jue, the product director at IOHK, working with the stake pool operator community ensured that the transfer of block production was predictable and smooth.
As the release states:
„This is an important milestone in the development of Cardano as it is the first component of the transfer of control to the community. This is a process that will continue throughout the year.“
„Decentralising the peer-to-peer network is the next thing we’re targeting, along with implementing advanced governance features to hand over control of the blockchain to the Cardano community.“
The three pillars of decentralisation
In a blog post describing the handover of block production, IOHK explains that network decentralisation is a concept supported by three pillars – block production, network and governance. These concepts are inextricably linked and must work synergistically to create decentralisation, the company says.
Now that IOHK is completely decoupled from block production, the next big issue that needs to be addressed is the implementation of peer-to-peer (P2P) networks. While this has been tested with Shelley, the feature is still in the hybrid phase and will be further developed in the coming months.
Despite the fact that governance is the final step in Cardano’s roadmap, IOHK has been working on Goguen and Voltaire in parallel with Shelley. The recent Goguen rollout introduced both metadata and native tokens into Cardano (go to the Buy Cardano guide), fuelling the popularity of Project Catalyst.