Cardano has continued to create major milestones in the past few months with major developments within its ecosystem. The third generation crypto and smart contract platform is regarded as one of the top projects within the crypto space.
The blockchain platform had a fruitful 2019 with major technical developments which culminated in the launch of its Shelley testnet in December.
Since the launch of the testnet, Cardano has seen massive growth in its network with data from ADAPools revealing that the blockchain platform had more than 500 staking pools within its ecosystem.
Cardano Takes the Next Step towards Shelley with Ouroborous BFT hardfork
As Cardano inches closer to the full launch of Shelley mainnet, there are some technical developments expected to occur in the coming weeks.
One of such is the integration of Ouroboros BFT consensus. It is said that the consensus would be the first proof-of-stake (PoS) consensus that matches the security of proof-of-work consensus.
Ourboros BFT is the next major algorithm belonging to the Ouroboros family which consists of Ouroboros Classic and Ouroboros Genesis.
Charles Hoskinson had revealed on January 17 that the Ouroborous BFT hard fork was expected to be launch in February. He hinted that the firm had already put in place infrastructure that would enable a successful hard fork.
A successful fork would bring Cardano closer to its objective of a completely decentralized smart contract blockchain platform.
Cardano Embarks on Strategic Partnerships
Cardano has also been involved in strategic partnerships as it looks to drive adoption to the mainstream market. Its commercial branch Emurgo has been active with major and minor partnerships.
NewsLogical reported on January 20 that the blockchain platform Emurgo partnered with the Uzbekistan government to form a blockchain task force.
The partnership also involves advisors KOBEA Group & Infinity Blockchain Holdings, and it is dedicated to developing a legal framework for security token offerings (STOs) and exchanges (STXs) in the country.
Cardano is also working with African countries on the adoption of blockchain technology by building blockchain for governance in the region.
