IOHK, the company behind the blockchain, will no longer participate in the production of blocks, making Cardano the only truly community-run network on the market.
Since the launch of Shelley in July last year, Cardano has been on the road towards complete decentralization. However, bringing the decentralization parameter down to zero required significant effort and careful optimization. Now, after over seven months of hard work, the network has fully decentralized.
In a press release shared with CryptoSlate, Cardano’s parent company IOHK said that the entirety of the network’s block production is now in the hands of the 2,000 community stake pool operators (SPOs). IOHK will no longer participate in block production on the platform, continuing only to work on the protocols underlying the network.
