Nasdaq Acknowledges Cardano (ADA) as a “by the people, for the people” Type of Currency

Going by an official announcement made by Tim Harrison, a strategic communications specialist, the Cardano (ADA) Shelley public testnet is scheduled to open on Tuesday 9th June 2020.

Harrison passed this across via the official Twitter handle of the firm behind developments in Cardano (ADA) ecosystem, IOHK, a couple of hours ago.

According to the report, stake pool operators invited to join the process of public testing and staking mechanism.

In the update containing a video report, Harrison highlighted the feedback of the Friends and Family testnet that is closer to its end. He stated that participants were made limited to a “hand-picked group of experienced stakeholders”.

These skillful stakeholders refined the documentation, brought suggestions regarding the improvement of staking functionality, and also helped to onboard new stakers.

In the report, Harrison also talked about the 50 pioneers that built the professional community around Cardano (ADA) test staking. So, anyone that is capable of launching and maintaining the staking pool is invited to join on 9th June 2020.

Captioning a video, Tim Harrison wrote, “Tomorrow, the 9th June, we’re entering a new phase for Cardano. The Shelley public testnet will open up so any operator that wants to set up a Cardano stake pool can do so, ready for staking and delegation on mainnet later this summer.”

How to Go About the Public Testing

The first step is for participants of the opened testing to download the documentation from the official web page of Cardano testnets.

According to the strategic communications specialist, Tim Harrison, the Cardano (ADA) team will entertain the efforts of the Incentivized Testnet (ITN) participants, with quite different duties.

He furthered that the Cardano (ADA) testnet participants will be disclosing and reporting bugs in the following weeks. Conclusively, he said Cardano (ADA) token holders are not required to do anything, stating that their time will come a little bit later.

Solomon Odunayo

By Solomon Odunayo

Solomon Odunayo is an accomplished blockchain and cryptocurrency expert at Herald Sheets, known for his in-depth analysis and engaging articles that cater to both beginners and experienced readers. With a degree in Computer Science from the University of Lagos, Solomon leverages his technical background and keen understanding of the crypto space to provide readers with valuable insights and up-to-date news. His passion for innovation and commitment to staying current with industry developments make him a trusted voice in the digital currency community.