Here’s how Cardano’s peer-to-peer network helps blockchain: Details
Decentralization of Cardano puts the responsibility of running the blockchain in the hands of stake pools
According to a Cardano user, “Sooraj,” the decentralization of the network layer, or P2P network, is the most anticipated upgrade after the Vasil hard fork event. The P2P upgrade hopes to make Cardano a far more decentralized and resilient network than it is now.
#Decentralization of the network layer to #Cardano is the most awaited upgrade after #Vasil HFC arrangement
P2P is one such upgrade that will do #Cardano a far more decentralized and robust network than what it is now
So here is a thread about peer-to-peer (P2P) networks
— Sooraj 🚢 (@Soorajksaju2) 27 August 2022
At the heart of the Cardano network are 3,198 staking pools run by operators (SPOs) who manage the distributed nodes that keep the network running. It goes without saying that there must be reliable communication between these nodes in a decentralized and distributed network.
The decentralization of Cardano puts the responsibility of running the blockchain in the hands of stake pools. An essential element of this is reliable and efficient connections between all the distributed nodes and ensuring that the network is resilient to failures.
In December 2021, Cardano started an important initiative to support the ongoing push towards full decentralization with the launch of the peer-to-peer (P2P) testnet. P2P communication hopes to improve the flow of information between nodes.
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For now, the topology update will continue to work as a solution until Cardano fully transitions to a P2P network. The Cardano network will be fully decentralized once the P2P nodes are fully deployed, ending the network’s need for centralized services such as the topology update.
What remains for Cardano’s P2P network upgrade
In a thread of tweets, “Sooraj” highlights that “According to the latest information available from InputOutputHK, the P2P development is complete with features and all necessary testing has been done. It is undergoing a design and implementation review. The rollout of P2P nodes will occur in a gradual manner.”
150 papers, 3 million people community in 100+ countries, 1000+ projects building on Cardano, higher brand engagement than IBM and BMW, listed on 200 exchanges, always in operation since launch, adopted by countries and Fortune 500 companies…
— Charles Hoskinson (@IOHK_Charles) 27 August 2022
In other news, Cardano founder, Charles Hoskinsontalking about the network’s credentials in response to a critic, “150 articles, 3 million people community in 100+ countries, 1000+ projects building on Cardano, higher brand engagement than IBM and BMW, listed on 200 exchanges, always in operation since launch, adopted by countries and Fortune 500 companies.”
The much-anticipated Vasil upgrade is “closer than ever” as SPOs, developers and exchanges are currently performing final integration testing and upgrading in preparation for the hard fork combiner event.
