{"id":26662,"date":"2020-07-30T16:32:50","date_gmt":"2020-07-30T13:32:50","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=26662"},"modified":"2025-08-26T15:44:47","modified_gmt":"2025-08-26T12:44:47","slug":"cardano-developers-activate-shelley-update-on-mainnet","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/cardano-developers-activate-shelley-update-on-mainnet\/","title":{"rendered":"Cardano developers activate Shelley update on mainnet"},"content":{"rendered":"<p>Cardano founder Charles Hoskinson announced that the mainnet has transitioned to the updated Shelley version. After the hard fork on July 30 at 00:44 MSK, staking became available to all participants in the community.<br \/>\n<!--more--><\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">We have reached Orbit. Shelley Hard Fork is Successful. When Shelley? Now!!!!!!!!!! Shelley has fully launched <a href=\"https:\/\/t.co\/ckuiVJfqnZ\">https:\/\/t.co\/ckuiVJfqnZ<\/a> <a href=\"https:\/\/t.co\/jPYG7f5FOq\">pic.twitter.com\/jPYG7f5FOq<\/a><\/p>\n<p>\u2014 Charles Hoskinson (@IOHK_Charles) <a href=\"https:\/\/twitter.com\/IOHK_Charles\/status\/1288592947055751168?ref_src=twsrc%5Etfw\">July 29, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote>\n<p>&#8220;This is a colossal achievement. We now look forward to implementing the next stages of Cardano&#8217;s Voltaire and Goguen roadmap. They will enable the deployment of robust governance mechanisms and smart contracts,&#8221; said Aparna Ju, IOHK&#8217;s product director, during a crowdcast with the community.<\/p>\n<\/blockquote>\n<p>Hoskinson expressed confidence that within a year hundreds of assets and decentralized applications will be deployed on the Cardano blockchain.<\/p>\n<p>The Shelley launch was preceded by testing staking with real rewards on a testnet, whose genesis block was formed on April 27. During this period, developers worked on refining the software.<\/p>\n<p>After the hard fork, users gained the ability to manage a pool on behalf of other ADA holders, and to delegate coins they own so that someone else could take on this role. Such functionality is already implemented in the wallet. The first distribution of rewards will take place on August 18.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/IOHK_Charles?ref_src=twsrc%5Etfw\">@IOHK_Charles<\/a> Already created a Shelley Wallet, sent funds from the Byron Wallet AND Already Delegating! EASY! Thanks CH! <a href=\"https:\/\/t.co\/FQVfKbVGAO\">pic.twitter.com\/FQVfKbVGAO<\/a><\/p>\n<p>\u2014 Octavio Mancilla (@Octomancoin) <a href=\"https:\/\/twitter.com\/Octomancoin\/status\/1288604396247552007?ref_src=twsrc%5Etfw\">July 29, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In IOHK&#8217;s view, the company behind the project expects that over time the number of staking pools will approach a thousand. In the Shelley description, it states that with the update Cardano will be 50-100 times more decentralized than other major blockchains. Four hours after the hard fork, the number of staking pools reached 250.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/IOHK_Charles?ref_src=twsrc%5Etfw\">@IOHK_Charles<\/a> 4 hours into the Shelley transition and it\u2019s ALREADY one of the most decentralized(If not THE MOST) project out there! 200+ Pools! <a href=\"https:\/\/t.co\/bHHCB1d23F\">pic.twitter.com\/bHHCB1d23F<\/a><\/p>\n<p>\u2014 Octavio Mancilla (@Octomancoin) <a href=\"https:\/\/twitter.com\/Octomancoin\/status\/1288650331417710592?ref_src=twsrc%5Etfw\">July 30, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The news of Shelley\u2019s launch on the mainnet did not act as a growth driver for ADA. The coin&#8217;s price over the past 24 hours fell by 3.3% at the time of writing (CoinGecko), ranking as one of the underperformers in the Top 10 by market capitalization. On July 26, ADA reached a two-year high.<\/p>\n<div id=\"attachment_105998\" style=\"width: 830px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-105998\" class=\"wp-image-105998 size-full\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-83.jpg\" alt=\"Developers activated Shelley upgrade on Cardano mainnet\" width=\"820\" height=\"116\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-83.jpg 820w, https:\/\/u1f987.com\/wp-content\/uploads\/1-83-300x42.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/1-83-768x109.jpg 768w\" sizes=\"auto, (max-width: 820px) 100vw, 820px\" \/><\/p>\n<p id=\"caption-attachment-105998\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.coingecko.com\/en\" target=\"_blank\" rel=\"noopener noreferrer\">CoinGecko<\/a><\/p>\n<\/div>\n<p>Messari analysts noted that price action before staking was introduced was not remarkable. According to their chart, historically such events affected coin trends differently.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Cardano completes its Shelley hard fork as <a href=\"https:\/\/twitter.com\/search?q=%24ADA&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ADA<\/a> hits near 2-year high<\/p>\n<p>With Shelley, <a href=\"https:\/\/twitter.com\/Cardano?ref_src=twsrc%5Etfw\">@Cardano<\/a>:<\/p>\n<p>+ transitions from a federated network to a community run protocol<\/p>\n<p>+ introduces its Proof-of-stake layer <a href=\"https:\/\/t.co\/FBmLQ3DkrD\">pic.twitter.com\/FBmLQ3DkrD<\/a><\/p>\n<p>\u2014 Messari (@MessariCrypto) <a href=\"https:\/\/twitter.com\/MessariCrypto\/status\/1288607457464455168?ref_src=twsrc%5Etfw\">July 29, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"\"utf-8\"><\/script><\/p>\n<p>Cardano founder Charles Hoskinson has argued that, thanks to greater decentralization and the reliable Haskell-based language on which the Ouroboros protocol underpins the network, Cardano will outperform Bitcoin and Ethereum.<\/p>\n<p>Follow ForkLog News on Twitter!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano founder Charles Hoskinson announced that the mainnet has transitioned to the updated Shelley version. After the hard fork on July 30 at 00:44 MSK, staking became available to all participants in the community.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1401,471,268],"class_list":["post-26662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cardano-ada","tag-charles-hoskinson","tag-hardfork"],"aioseo_notices":[],"amp_enabled":true,"views":"32","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=26662"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26662\/revisions"}],"predecessor-version":[{"id":26663,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26662\/revisions\/26663"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=26662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=26662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=26662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}