Cardano (ADA) is now 4 days away from being 100% decentralized

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Cardano (ADA) is now 4 days away from being 100% decentralized

Back in July 2020 the IOHK team deployed the Shelley update and set d, the parameter that governs what percentage of transactions are processed by the genesis nodes, to 1.00. Every five days since then ADA has seen an increase of 2% (additively) in community block production.

ADA is currently 98% decentralized and is on course to reach 100% decentralization on March 31st. This means that the 1800 already existing community pools will be responsible for creating all new blocks. Congrats to ADA and the holders for trying to keep crypto true to its purpose.

You can read more on this here: https://iohk.io/en/blog/posts/2021/03/04/not-long-till-d-0-day/

submitted by /u/ehilliux
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