Hard Fork on Track for July 29th Release as IOHK Deploys Shelley Node on Cardano Mainnet
Cardano is annoying the new milestones ahead of the soon to be released much-anticipated Shelley mainnet.
IOHK has now successfully deployed the new node to the Cardano mainnet after running the node 1.14.2 on the Shelley public testnet for over a week
“This node deployment contains all the Shelley logic and features, plus the hard fork combinator that will implement it all on mainnet, comes the hard fork in late July,” reads the announcement.
OK so… today's mission (s) accomplished. Shelley-complete node 1.14.2 now successfully deployed to the Cardano mainnet. Next stop… the #Cardano2020 #ShelleyEdition virtual summit. (P.S. Thanks to all our amazing #Cardano community pioneers who have brought us here @Cardano
— Input Output (@InputOutputHK) June 30, 2020
This is the first complete Shelley mainnet release with all key features included along with a crucial one.
Achieving this milestone successfully has the team “retain a high degree of confidence” that the Shelley hard fork will materialize on the set date, July 29th.
Another milestone achieved was the release of the Daedalus 1.1.0-STN1 Shelley Wallet.
The second release, Daedalus 1.1.0-STN1, is compatible with the Shelley testnet and offers balance check functionality for those who participated in the Incentivized Testnet (ITN) program and earned rewards.
4 weeks til #Cardano #Shelley mainnet. Intrastructure is set up and mostly automated. Monitoring for 11 relays and 2 pools using per instance Prometheus servers + 1 aggregating Prometheus and Grafana for nice graphs and alert management. #ADA @InputOutputHK @IOHK_Charles pic.twitter.com/OS4xbcBl2r
— TITANstaking (@titanstaking) July 1, 2020
Users can now check if their rewards balance is reflected correctly on the testnet and is the final verification of any reward earned before they are transferred over to the Cardano mainnet later this summer.
The staking rewards will be made available to the user via mainnet Daedelus wallet.
After the Shelley rollout, new features including support for delegation, legacy Byron wallets, and view stake pools will be added to Daedalus.
Amidst this, today, Cardano Foundation also released a new website. “A new look, a new site, a new era. Go go go Cardano!” tweeted IOHK.
— Charles Hoskinson (@IOHK_Charles) July 1, 2020
The 9th largest cryptocurrency by market cap meanwhile is trading at $0.0860, up 3.98%, today’s top gainer among the 20 largest cryptos. Up 148% YTD, ADA is still off 94% from its all-time high of $1.33.