On March 31, 2021, a major update for the decentralization of Cardano (ADA and ADA) will be made. From this date onwards, ADA staking people will be responsible for all blocks of the Cardano (ADA) mainnet.
[D-day is approaching]
The Cardano blockchain is undergoing the final step (epoch) in which the federated node supports stake pool operators in block production. On March 31st, the d-parameter will be zero.
Charles Hoskinson, founder of Cardano (ADA) and CEO of Cardano Developers (IOHK), turned to Twitter to once again explain the importance of the upcoming change.
Two days ago, on March 25, 2021, IOHK successfully submitted a proposal to implement an update with Cardano’s codebase. As a result, the D-parameter at the boundary of epoch 257 will finally be reduced to zero.
Since ADA staking began, the hard coding mechanism has decreased by 2% (0.02) every second. Thus, more and more computational power has been input to the network from the staking pool.
[All views of Cardano (ADA)’s smart contracts]
Along with the D-parameter reduction, Cardano (ADA) is adjusting another variance metric, the k-parameter variable. Prevents large pools from gaining control over block production.
This concept eliminates the risk of Cardano’s evolution into a “whale-centric” blockchain.
On March 26, 2021, Hoskinson also introduced the smart contract rollout roadmap to Cardano (ADA). The Alonzo hard fork, which activates the smart contract function on the testnet, will be released next month.
(On March 31, 2021, the update will be massive for Cardano (ADA) decentralization.Starting from this date, ADA stakers will be responsible for all blocks on the Cardano (ADA) mainnet.)
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