After the huge success recorded on the first day the Cardano’s testnet went live, more accomplishments have been recorded on the testnet. In the latest report from the IOHK team, it has been confirmed that Shelley Incentivized testnet continues to grow significantly.
According to the most former stats from the Shelley Incentivized testnet, as revealed in the report, a record of 12.8 million ADA has been staked on the testnet network and a userbase of over $19,800 have also been reached. Laurie, a member of IOHK team, made this known.
As captioned in the report, the testnet now has 1,282 registered pools on its testnet network, with 95% of them (968) being active stake pools with atleast 1 ADA delegated.
Cardano Working at University of Wyoming to Develop Cash-Like Experience For Cryptocurrency
In a recent interview, CEO Charles Hoskinson said Input and Output HK is working tirelessly to ensure that users of cryptocurrency get better experience.
Hoskinson mentioned that the research firm, at its blockchain lab in the University of Wyoming, is working to develop a microchip that would create tremendous use cases.
IOHK took the decision after observing in a research on supply chain use case that no chip can offer its needed requirements.
The CEO mentioned that the research would be dedicated to enhancing development in the entire crypto space, hence the chip would be open source.
Hoskinson said the chip would also be deployed into agriculture and developing country since Cardano perceives the emerging economy as one of the markets to thrive in the future. It is believed that the chip will offer numerous use cases in the supply chain industry.
Cardano Launches New Blockchain Explorer
Cardano has announced the rolling out of its new blockchain explorer. The explorer is built on the updated Byron reboot, and it takes Cardano steps further in achieving complete decentralization through the Shelley mainnet.
Input and Output HK on Twitter made the announcement, stating that the new upgrade is a totally re-engineered application. It is described as an advancement of the original one released in 2017 when Cardano mainnet was launched.