Cardano (ADA) went ahead with a mainnet hard fork to prepare for the launch of the Shelley Mainnet.
The hard fork is expected to boost the ADA network by increasing the transactions per second rate and is seen as a stepping-stone towards the migration to the Shelley mainnet.
Cardano Integrates Byzantine Fault Tolerant - Ourboros BFT Upgrade In Preparation for Shelley Mainnet
Cardano is currently in a transition phase between the current Byron chain and the Shelley mainnet going forward, and this latest hardfork has helped the network shift from the original consensus protocol ‘Ouroboros Classic,’ to ‘Ouroboros BFT (OBFT).’
According to Cardano’s press release, although the hardfork does have its own benefits, OBFT is mainly integrated to help the migration onto the Shelley mainnet and help iron out any problems that might occur when the shift onto the Shelley mainnet takes place.
OBFT is a Byzantine fault tolerant (BFT) consensus algorithm. This gives the network more flexibility and will help it scale, as it will allow ADA to continue its operations even without consensus.
Because of their decentralized nature, blockchains are notoriously slow. This is because consensus among all validators is necessary before a transaction being confirmed.
The BFT consensus algorithm will allows Cardano to run smoothly even if there are bad actors at play. As long as more than one-third of the transactions aren’t from bad actors, ADA should be able to run as normal, which should give Cardano plenty of room to flex its capabilities in the automated, smart contract space.
Cardano Getting Ready for Decentralization and Proof-of-Stake
As well as being a stepping-stone towards Shelley, OBFT will help Cardano with the transition from its centralized state into a fully operational decentralized proof-of-stake smart contract platform that IOHK has promised after the eventual launch of the Shelley mainnet.
After the news the price of ADA did see a slight boost, but as with all cryptos today, there has been a correction. But still with news of the partnership with PwC and many other protocol upgrades on the horizon, these are exciting times for Cardano.
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