{"id":101980,"date":"2019-04-17T13:20:35","date_gmt":"2019-04-17T20:20:35","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=101980"},"modified":"2022-01-20T19:55:26","modified_gmt":"2022-01-20T19:55:26","slug":"cardano-debuts-iohk-summit-in-miami-as-new-shelley-specifications-released","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/cardano-debuts-iohk-summit-in-miami-as-new-shelley-specifications-released\/","title":{"rendered":"Cardano debuts IOHK Summit in Miami as new Shelley specifications released"},"content":{"rendered":"

The specifications for Shelley<\/a>, Cardano's newest update that aims to bring “full decentralization” to the platform, was finally revealed. IOHK, the company behind Shelley, announced the key specifications that deal with everything from the design for the delegation and incentive mechanism to ledger rules.<\/p>\n

Cardano Makes Big Announcement Ahead of the IOHK Summit<\/h2>\n
\"Charles<\/a>
Related: Charles Hoskinson describes the future of Cardano, \u201c100 times more decentralized than Bitcoin\u201d after Shelley<\/a><\/figcaption><\/figure>\n

Following weeks of anticipation fueled by numerous interviews that analyzed its potential, new Shelley<\/a> formal specifications were revealed. The new project's goal is to bring decentralization to Cardano (ADA)<\/a> by handing control of the ledger over to the community via stake pools.<\/p>\n

IOHK<\/a>, the company behind the Cardano platform, announced<\/a> the key specifications on its website on Apr. 16th, saying that it will allow them to verify that the final code is in line with what the researchers initially envisioned. Charles Hoskinson<\/a>, the CEO of IOHK, celebrated this progress by tweeting<\/a>:<\/p>\n

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The soul of Shelley is out https:\/\/t.co\/5Hcwt40BsU<\/a><\/p>\n

— Charles Hoskinson (@IOHK_Charles) April 17, 2019<\/a><\/p><\/blockquote>\n