ADA Leader Hoskinson Gives Tentative Date for Shelley Explorer Launch, New incentivized Testnet

Charles Hoskinson, the founder of Cardano recently conducted a surprise AMA where he revealed the tentative date for the much-awaited launch of an incentivized testnet along with details on how to transfer funds from the previous mainnet to the new one using the native wallets. However, Hoskinson emphasized the word tentative three times to ensure that he does not get the heat for any kind of misinterpretation.

He said,

“I’ll say it three times, tentatively tentatively tentatively, we believe that date’s probably somewhere around the 12th of November.”

Talking about the new incentivized testnet, Hoskinson explained that users can restore their Yoori wallet on the new testnet.

He said,

“So you will be able to install a different version of incentivized testnet Daedalus and that version of Daedalus is basically your companion and it’s going to be the thing that you try to restore your wallet into it’s going to be the thing that you try to restore your wallet into. So if you have your keyword from your Daedalus wallet and eventually your Yoroi wallet, because we’ll support both, then you should be able to restore your wallet in the testnet Daedalus interface.”

Hoskinson also explained that they would do a dry run as well to ensure that all users from the previous mainnet are able to restore their private key and wallet on the new testnet. The dry run is to figure out any major bugs before the actual launch. He also advised users to visit Cardano's forum to check if the problem encountered by them is because of a big or otherwise.

He explained,

“We’re going to shut that network down and then launch the actual incentivize test, at that point if you do not have control over private keys, at the time of the airdrop whoever does will be able to stake with that airdropped-ADA… This is a case that will most definitely come up if you leave your ADA on an exchange”