We’ve talked a lot about incentives lately. That’s because right now we’re running the Incentivized Testnet: a Shelley testnet that provides an opportunity for stakeholders to delegate their stake or operate a stake pool to earn real ada rewards. Later this month, anybody that had ada in either a Daedalus or Yoroi mainnet wallet during the balance snapshot (taken on November 2…

The initial phases of the Incentivized Testnet are underway. We’ve already completed the balance check – a practice run that helped us identify a few bugs and issues – in preparation for the balance snapshot, scheduled for just after 12:00 UTC on November 29.

As a reminder, the balance snapshot is a UTXO snapshot of ada balances held across the mainnet – and the amount of ada…

Over the past few months, we’ve been working towards a full release of the Shelley testnet. You may have been following our reports about progress on the self-node and networked phases. Now, we’re on the third and final phase before the Shelley mainnet goes live: an Incentivized Testnet that all ada holders can join to earn real ada rewards.

This marks an acceleration in the…

Last week, a team from IOHK, along with Cardano ambassadors and representatives from the Cardano Foundation, met up at a co-working space in London. After a quick presentation, laptops were switched on and a few Rock Pi computers were booted up. An hour later, we had them all connected in a peer-to-peer network of nodes. It was the first instance of the new networked Shelley…

The Cardano network was engineered to be the best possible foundation for the future of decentralized technology – but a foundation is only as good as what can be built upon it. Smart contracts are one of the most powerful ways a distributed network can generate value, allowing individuals and organizations to agree to conditions and automatically execute exchanges of…