Cardano Shelley Mainnet Goes Live After Five Years Of Development

Subsequent to 5 years of development, Cardano has finally launched the Shelley mainnet. The weekend witnessed significant activity from IOHK developers who were occupied in carrying out last-minute checks and assessments to confirm a smooth changeover from the Byron chain.

In a blog post, the team mentioned,

“The current Cardano Byron mainnet will become the Cardano Shelley mainnet on Wednesday 29th July 2020 at 21:44:51 UTC, starting at epoch 208.”

As per their blog post, the concluding versions of critical software mechanisms are finished. Nevertheless, trivial tasks associated with the wallet and explorer still required a final touch up.

The post added,

“We’ve released the final hardfork-ready versions of cardano-graphql, cardano-rest and cardano-db-sync. We still have a small amount of work to do on the wallet backend and explorer, as well as continuing to optimize performance across the board. But nothing major now.”

Charles Hoskinson, the CEO of IOHK, lately projected that the aforementioned upgrades would entice numerous developers to the Cardano platform.

Beating Ethereum still seems a major challenge for Cardano. Presently, Ethereum boasts more than three thousand dApps, over two hundred thousand custom tokens, and its own impending staking features.