New Project Shelley Updates Are Here By IOHK Cardano (ADA) Blockchain Developers
One of the most important projects being developed by the team behind Cardano and IOHK continues to grow. On October 9, IOHK project manager Liz Bancroft-Turner has released a new update of the latest developments made during September on the Shelly Project. At the same time, she talked about the test and quality plan.
The main goal of the Shelly Project is to make Cardano’s Network completely autonomous and decentralized. In order to do so, it will have to depend on three streams that are delegation, incentives and networking.
Incentives will ensure that stakeholders on the blockchain have a motivation to run the protocol. This would allow the network and system to work smoothly and without problems. At the same time, delegation is related to users that will be providing their block signing rights to third parties. Finally, with the networking stream, the intention is to build an infrastructure to support full decentralization.
Moreover, she explained that the company was able to complete the Delegation Research Paper. The Incentives Research Paper has also been finished. Additionally, the team is now focused on a delegation design specification, a peer discovery design, and a Delta measurement design.
In the future, IOHK will be working on Core DIF; delegation and incentives core, front and back, and many other features.
Furthermore, two different descriptions will be tested one against each other. At the same time, they will be supported by the pure model that runs asynchronous protocols.
The most important and main features are currently related to the test and plan quality. That includes test strategy, test execution strategy, and test management. All of this will have a positive impact on the blockchain by increasing its transparency.
Other tests will also be held, including a performance and benchmarking test, security tests and many others that will facilitate the transition from a centralized to a decentralized network.
The Shelly testnet could go live by the end of the year, something that would clearly have a positive impact on Cardano and its community as a whole. At the moment, Cardano is the 9 most valuable crypto in the market with a market capitalization of $2.2 billion dollars. Each ADA token can be bought for $0.0864 dollars.