The Cardano Project confirms the official launch date of “Shelly”
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Answer The Cardano Project confirms the official launch date of “Shelly”
IOHK, which runs the Cardano project, has prepared the Shelley update, but the company has left a back door open to cancel the process and delay the activation of Shelley.
IOHK completed final exams over the weekend and endorsed the major update a few hours ago.
The Shelley major update will become the mainnet starting tomorrow, July 29, 2020, at 21:44:51 UTC.
The final version of the node has been approved, which Shelley will use to start the mainnet.
In addition, the final releases ready for the major update such as “Cardano GraphQL”, “Cardano REST” and “Cardano DB-Sync” were released the day before yesterday.
As for the Daedalus wallet, the beta version “V1.6.0 STN5 for Shelley” was released a few hours ago, which will bring greatly improved functionality to all users.
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For example, users can restore their Byron wallets based on a snapshot taken on July 20 at 12 PM UTC.
Users can retrieve and check their balances, but it’s worth noting that the final version of “Daedalus” isn’t completely finished yet, with Cardano developers telling:
This version of Daedalus is almost fully featured, so you’ll enjoy it on the mainnet after Shelley’s release.
But of course, this is still a test wallet.
Besides the new features, there are a number of known issues for this wallet that will be addressed in the mainnet version.
We still have a lot of work to do on the backend and interface.
According to the IOHK blog, development will continue very closely with the partners in the coming days and help them migrate to the Shelley mainnet.
There is support from more than 40 crypto exchanges for the successful transition from Byron to Shelley, according to IOHK.
Charles Hoskinson, who officially confirmed the launch of Shelley, told that Cardano will have a huge ecosystem of receiving local cryptocurrency and decentralized applications within a year from now. His statement is as follows:
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I predict that over the next year there will be hundreds of cryptocurrencies running on Cardano, thousands of decentralized applications, many interesting projects, and a lot of unique uses and benefits.
2021 will be a very interesting year watching Cardano grow and evolve.
Society is certainly ready to innovate.
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