Cardano becomes the most decentralized network

The media reported that Cardano became the most decentralized network in the crypto world. It happened half a year after the launch of the main-net. Let’s have a look at the details.

The launch of the main-net

The Cardano Shelley main-net was launched on the 29th of July 2020. It was the day when many pool operators have registered pools and people can stake their ADA coins. There was a Friend&Family group of pool operators that tested the main-net for some time before other operators could join.

The launch of the main-net was a big day for the IOHK team that has been working on the Cardano protocol 5 since 2015. Another rewarding moment for the team is the news that Cardano becomes the most decentralized network in the crypto world. It means a lot since people care about the project. Decentralization, but let’s not forget security, is linked with the interest of people. Only the interest of people and financial involvement can decentralize a public network.

How to ensure high decentralization and security of public networks

We do not go deeply into the details in this article. We will have a look at the interest of people. Having said that, some background is needed to understand the concept. Let’s…