Cardano Testnet explodes – 5.4 billion ADA in 24 staked

When it comes to the question of the Top crypto-currencies for the coming year, is called Cardano (ADA). Because the since 2017 existing project has to make some Upgrades and PR-actions for 2020 as planned, the Cardano a hot candidate. A good sentiment indicator is already in the Shelly Testnet and its success.Because, as for the development of Cardano competent Foundation IOHK announced now have been staked in the first 24 hours of 5.4 billion ADA, the equivalent of $ 200 million.

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Cardano Testnet Shelley widespread optimism

The results and the current status of the Testnet votes definitely optimistic. Because the 5.4 billion ADA, which were staked within the first 24 hours, correspond to at least 17 percent of the total Supplies. This is already a good indication that the Community and HODLer want to be actively involved in the change of Cardano part. To be fair, we must add, however, that of the 5.4 billion, a fifth, namely 1.1 billion, come from the IOHK itself.

In a recent published Tweet IOHK takes even more specifically, position to the number of the Staking Pools. An important goal of the upcoming Upgrades, also lies in the strengthening of decentralisation. This is to be achieved in the target state 1000 Staking Pools exist. (Note: more can be found on the official Roadmap of Cardano.)

An important step in the direction of decentralization

So there are currently a total of 240 Staking Pools. Thus, the goal of the 1000 mark is reached already at 25 percent. In view of the fact that IOHK itself operates in some of the Pools, we should consider the number of 240 Staking Pools be something of a back seat.

Fixed: Charles Hoskinson’s probably not kidding when he says that he wants to unleash in 2020, the beast Cardano. Because the IOHK has been working hard on Shelley. The Testnet is a full success so far. There was no Disaster, and no delays, but the Feedback is positive. The fact that a good 17 percent in 24h were staked, also shows the commitment of the Community and HODLer. So Cardano is a further important step in the right direction and is positioned so that more and more as a hot candidate for the Top list of crypto-currencies in 2020.Cardano prepares with the Testnet to the Shelley-Upgrade. The response is positive and the participation good. How would you rate the prospects for Cardano in the coming year, Top or Flop?You look better Videos to read the article? Then look at our Youtube Channel over.(Image Source: Shutterstock)

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