Popular altcoin project Cardano ( #ADA) has been a historic success!

#Input #Output #Global's core #nodes have been permanently shut down, making the network completely #decentralized.

Block generation in the Altcoin project is now completely controlled by the community. A global network of more than 2,000 stake pools is now in the driver's seat. Aparna Jue, product director at #IOHK, describes it as an "important milestone" for #Blockchain's development.

THIS IS AN IMPORTANT MILESTONE IN CARDANO'S DEVELOPMENT AS IT IS THE FIRST COMPONENT OF THE TRANSFER OF CONTROL TO SOCIETY. THIS IS A PROCESS THAT WILL CONTINUE FOR THE REST OF THE YEAR.

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Aparna Jue points out that Cardano plans to add advanced management features alongside peer-to-peer network decentralization in 2021.

Cardano's decentralization didn't happen overnight
Cardano's decentralization didn't happen overnight. During the Byron period, it operated as a federated blockchain, meaning that core nodes of IOG and EMURGO were generating entire blocks. In July, Cardano released the Shelley hard fork, which brought the much-anticipated staking functionality.

This also started the decentralization clock. The first key milestone in the crypto money project was held on November 2. With the D-parameter reaching a much-desired zero, it took almost five months for the proof of stake blockchain to eventually achieve complete decentralization.

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What is the latest in Cardano (ADA) price?
The fifth largest cryptocurrency, Cardano, is trading at $ 1.2, with slight losses at the time of writing. The popular altcoin currently has a market capitalization of $ 38.2 billion. At the time of writing, Cardano manages a $ 3 billion last 24-hour trading volume at market capitalization.