CARDANO [ADA] SHELLEY TESTNET, OUROBOROS, GOGUEN UPDATE

CARDANO [ADA] SHELLEY TESTNET, OUROBOROS, GOGUEN UPDATE

Cardano will be making waves this September, with Charles Hoskinson confirming that the proof-of-stake Shelley testnet will launch ahead of schedule. This is on top of several other big updates, along with two more announcements that are yet to be revealed.

Shelley testnet going live as early as mid-September

With promises to change the world of blockchain, Cardano has been one of the most heavily discussed crypto projects in the past couple of 2019. Created by Input-Output Hong Kong (IOHK), the brainchild of Ethereum Co-founder Charles Hoskinson, Cardano has been slowly transitioning to the Shelley era, which will bring about proof-of-stake.

Last week, Charles Hoskinson released a series of much-anticipated updates regarding Shelley, revealing that the phase 2 of Shelley’s launch will go live sooner than expected. In a live YouTube AMA session, Hoskinson said that the first phase of Shelley’s testnet program was successfully concluded. “Hundreds of bugs” and issues were identified and resolved, he explained, making both the rust client testnet and the networking testnet stable.

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