Cardano will be making waves this September

Cardano will be making waves this September

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

Cardano will be making waves this September

Shelley testnet going live as early as mid-September

With promises to change the blockchain technology, 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 and entrepreneur Chaesrl Hoskinson, Cardano has been slowly transitioning to the Shelley era, which will bring about proof-of-stake.

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

The testnet will be shipping next month, Cardano’s blog said, with Sept. 15 being the earliest date.

September is a big month for Cardano

When the second phase of the Shelley testnet launch is completed the Cardano Foundation plans on initiating the third and final testnet, called the “incentivized testnet.”

At the end of September, Charles Hoskinson will be traveling to Bulgaria to celebrate the second anniversary of the launch of Byron. The Byron era marks the start of the Cardano token and is the foundation upon which other Cardano’s iterations, Shelley, Goguen, and ultimately Basho, are built.

In the AMA  sessions, Charles Hoskinson said that the launch of the incentivized testnet will be announced during the event in Bulgaria. This will be monumental for Cardano ADA token, as it effectively marks the beginning of Shelley.

The final advancement of the Ouroboros network protocol, Hydra, will be also completed in September. The updated network protocol will allow both sharding and global scaling, paving the way for solving the proof-of-stake problem.

Notorious for its ‘methodical’ developing pace, Cardano ADA sure has an eventful month ahead. The company team plans on announcing another major update in the second half of September, this time regarding its programming language. Charles Hoskinson said that Cardano will unveil the next update to Plutus during the Sept. 20 hackathon at the University of Wyoming.

Almost 500 developers and industry experts that will be attending the hackathon will be the first to learn how to build applications and smart contracts that will work on the Cardano network.

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