9.9 C
Amsterdam
29 March 2024
PumpMoonshot
Image default
News

Cardano Share Video Detailing Hardfork Combinator Ahead of the Shelley Upgrade


Cardano (ADA) parent firm IOHK today released a technical explanation of Hardfork Combinator operations that would aid the blockchain transition from Byron to Shelley mainnet in an orderly manner.

IOHK Releases Details on Hardfork Combinator

In an announcement dated June 29, 2020, IOHK detailed the Hardfork combinator that would help the Cardano blockchain in the seamless deployment of the Shelley mainnet. IOHK released a video that explains the nitty-gritty of Cardano’s transition from Byron to Shelley.

Source

In essence, the Hardfork Combinator’s primary objective is to avoid an actual hard fork in the Cardano blockchain.

Typically, a hard fork or splitting up of a blockchain occurs when there is a disagreement between different entities running nodes on the network. This leads to a divergence in the network, subsequently leading to the creation of different versions of the protocol that later continue to evolve independently of the other network.

Last year’s Bitcoin Cash (BCH) hard fork is a prime example of how the disagreement between nodes can quickly turn things ugly for a network.

It’s worthy of note that the Hardfork Combinator allows nodes to operate under various protocols simultaneously. With regard to the Hardfork Combinator, the announcement by IOHK reads in part:

The hard fork combinator gives us the capability for a node to speak multiple protocols (though only one at once!). While running the first protocol (i.e. Byron), it can be triggered by a special on-chain update whereupon it manages the smooth transition to running the next protocol (i.e. Shelley).

According to the announcement, the Hardfork Combinator has been tested successfully against numerous mainnet candidates in “dry runs” and is currently being developed for deployment on the Byron mainnet.

Cardano Working the Extra Hour for Shelley Upgrade

As Cardano’s highly-anticipated Shelley upgrade inches closer, efforts have been amped up to ensure there is no hindrance during the transition of the smart contract platform.

Earlier this year, the genesis block of the Shelley mainnet was mined successfully in private beta. Similarly, earlier this month, Cardano launched the Shelley public testnet which opened the network for any operator willing to set up an ADA stake pool.

News Source



Related posts

Here’s Why Bitcoin, ETH, Crypto Prices Are Falling Today

PumpMoonshot

20% Tax Regime Set To Occur In South Korea On Crypto Profits

PumpMoonshot

Ethereum Price Prediction: ETH bulls eye $2,500 after shattering crucial resistance level

PumpMoonshot
Verified by MonsterInsights