No one has their position secured in the crypto world. It doesn’t matter how big your project, company, or crypto-currency is. Within the community there will be dozens of people working to compete with you and beat you. And that is well understood by Ethereum and Tron, the main virtual currencies in the decentralized applications sector, who now face fierce competition from Cardano. In recent days, more than 400 Cardano mining pools have been created.
Shelley de Cardano has finally been launched
The development of Cardano
In the last few days, there hasn’t been a crypto currency that has generated more news than Cardano’s ADA. Well, the project founded by Charles Hoskinson has implemented a new version of his block chain, Shelley. This has brought several new features to its operation, including programmed staking and a new wallet with greater technical capabilities.
Shelley comes at a time when the other two major cryptosystems in the field of decentralised applications and intelligent contracts, Tron and Ethereum, are in the middle of launching their new versions. With which they seek, in the case of ETH, to consolidate their leadership in this sector of the crypto world. While Tron, seeks to conquer the first place currently held by Ethereum.
Therefore, the launch of the new version of Cardano, and all the media attention it has managed to gather around it. It has been a major challenge to the status quo within the crypto market. An idea that gains ground when you look at the number of staking pools that have emerged in the Cardano Bitcoin Storm in the last two days.
What will be the future of ADA de Cardano in a year’s time?
More than 400 mining pools
Thus, since Shelley’s formal implementation within Cardano, the number of mining pools created for staking has exceeded 400. A figure that was probably driven by the new possibilities Shelly offers for scheduled staking.
This sharp increase in interest from the crypto community at Cardano comes just days after Charles Hoskinson posted a tweet commenting on his prospects for the future of the ADA. And making it clear that he expects the number of decentralized applications and projects in the Cardano Blockchain to continue to increase in the coming year.