The Cardano team plans to begin decentralizing the network’s stake pool operator (SPO) just a few weeks after giving the community full control over block production.
The development of the SPO was announced by IOHK, the blockchain research and development company behind Cardano. IOHK states that the decentralization of SPO is aimed at creating a reliable and efficient connection between distributed nodes.
IOHK notes that before decentralizing the share pool operator, it is necessary to enhance the Cardano network software. The first phase included the activation of the peer-to-peer Network Controller (P2P), the deployment of the connection manager, and the release of a private P2P test network in April.
The team is currently testing an engineering test network before deploying a partially public P2P test network for the selected SPO class.
Prior to the start of the decentralization process, SPOs worked on relay nodes around the world to generate their configuration for communication with peers. After achieving full decentralization, SPO will also increase the efficiency of supporting automatic node communication without relay nodes. According to IOHK:
“To provide better efficiency, it is essential to enable automated node communication without reliance on IO-run relay nodes. the networking team is now deploying the automated P2P code, which will allow pool operators to create and run a more decentralized network.”
Almost a month ago, Cardano announced that block production has attained 100% decentralization. According to the IOHK, decentralization has been gradual, and this is the first step towards creating an independent protocol free of central authorities.
Read More About Cardano SPO: https://iohk.io/en/blog/posts/2021/05/11/cardano-decentralization-continues/
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
-Advertisement-
