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Cardano prepares for Shelley era with incentivised testnet release

Cardano’s long-awaited Shelley era is rapidly approaching, with the company now launching an incentivised testnet which will reward ADA holders for delegating their stake. As part of Cardano’s Shelley phase, which will see the third-generation blockchain protocol move to a fully decentralised state, researchers at IOHK - the engineering and development arm behind Cardano - are allowing users to earn real rewards for taking part in network consensus. Launched in 2017, Cardano has gained a huge following in the crypto space largely due to its adoption of formal verification methods and highly scientific approach to building its protocol infrastructure. It's currently the 12th largest cryptocurrency by market capitalisation. As a proof-of-stake rather than a proof-of-work blockchain, blocks will be validatedThe post Cardano prepares for Shelley era with incentivised testnet release appeared first on Coin Rivet....