Shelly Incentivized Testnet Proving A Success

IOHK

An IOHK update shows that the Cardano incentivized testnet is proving more successful than anticipated. A blog poet published on February 7 stated that the platform already has more than 600 stakers. This is 500 more stakers than initially anticipated for the staking platform.

In an Input Output tweet, the report stated that some 11.35 billion ada coins have already been staked and more than 1000 mining pools registered with 672 of them actively taking delegation.

The platform stated that this influx of participants may not be unconnected with the improved uptime and other feature enhancement by the developers of the Shelly Incentivized Testnet. Despite the successes recorded so far, the Cardano team assured its community they are not resting on their oars as they are determined to provide the best for investors of the platform.

According to Tim Harrison, the Shelly communications director,

 “We’re started compiling some testnet statistics, a few of which we’ve captured here. Transparency is always our goal: we want the community to see what we see. To that end, here’s a look at the Incentivized Testnet’s story so far”

The project has been well received by the community, so it is not really surprising that it has continued to gain participation traction. Harrison continued by stating:

“We’ll continue to gather community feedback and data, and we’ll be sharing these as we go forward.”

Share:

Author: Jofor Humani

Jofor is a crypto journalist with passion for investigative reviews.

Leave a Reply