As many of our readers are probably well aware of, the Cardano dev team is reportedly extremely close to entering its next phase of platform development.
The upgrade in question is being widely referred to as ‘Shelley’.
In its core essence, Shelley will allow the Cardano ecosystem to transition towards a fully decentralized framework— all while reducing some of the staking and delegation related issues that are currently being faced by the network.
It is being reported that this latest upgrade will come into effect by the end of March. However, development has been quite slow and many ADA backers are now starting to question Cardano’s dev team— because they doubt their ability to fulfill the promises laid out by them in their envisioned roadmap.
How’s The Development Coming Along?
As mentioned earlier, a lot of members from Cardano’s online community have been voicing their concerns regarding the upcoming update on various social media platforms. For example, one Redditor recently pointed out that we were already a week into March and yet no testnet had been released for the system.
On the subject, the concerned individual further added:
“ I am starting to get worried about Shelley being released this month. Am I alone in this? ADA really can’t take yet another delay. I want to believe, but I am really starting to doubt they can pull this off in Q1. There’s just three weeks left. Am I missing something?”
However, a Cardano community member by the name of Jonne33 said that the transition process is more complex than one can imagine. For starters, there are many stages before Shelley can be implemented in its final form— as a result of this, it is quite unlikely that the new upgrade will come into “full-effect” by the end of this month.
Some of the core phases that the project will have to undergo include:
- Phase 1: Using data from members of the Stakepool Taskforce to devise the initial testnet.
- Phase 2: Protocol switch is initiated.
- Phase 3: Wallet backend operations are carried out till their completion
In closing out this piece, it is worth pointing out that many independent crypto analysts are of the opinion that Cardano’s shift to OBFT will only come into full effect by mid-March. What this basically means is that the Shelley testnet will be introduced to the world by the second half of March, and the mainnet implementation will not be able to take place anytime before the second week of April.