Blockchain

Cardano Rolls out New Peer-to-Peer (p2p) Testnet to Enhance Network Decentralization

In the quest to enhance decentralization, Cardano, the largest proof-of-stake (PoS) blockchain, has rolled out a new peer-to-peer (p2p) testnet.

In a blog post, Input Output Global (IOG), the software firm behind the development of Cardano (ADA), stated that its team is working with a small group of pool operators to test its capability.

Read Also: Charles Hoskinson Says IOG Has Started Process of Equipping Cardano to Resist Quantum Attacks

According to the firm, there are relatively 3,000 stake pools run by operators managing the distributed nodes that power the network.

The blog post reads in part as follows:

“To increase decentralization and simplify node communications, we’ve been establishing a P2P network. Direct interaction between peers streamlines communication between the thousands of distributed nodes that will maintain the network without reliance on federated relays.

“This will be done by automated P2P networking components. Automating the process of peer selection brings us closer to a fully decentralized network and simplifies the process of running a relay or a block-producing node.”

The peer-to-peer capability is intended to launch on the network due to the need for a reliable communication between nodes.

Read Also: Cardano-Based Decentralized Exchange, SundaeSwap, Is Finally Live On Public Testnet

The update emphasizes that the p2p is still an experimental feature. Though it’s part of future releases, it will not be entirely integrated on the network despite the launch. The pool operators will assess the environment by configuring their nodes for direct interaction with each other:

“The P2P mode will enable ‘churn’ to ensure dynamic promotion and demotion of peers. Updating network configuration will also be simpler for SPOs because their nodes do not have to be restarted,” IOG added.

The firm indicated that the current system for communication between nodes on the Cardano blockchain depends on files that basically describe the static configuration of the network. This also relies on IOG nodes, which called for the P2P tesnet launch to enhance the decentralization of the network.


Follow us on Twitter, Facebook, Telegram, and Download Our Android App

Tobi Loba

Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.

Recent Posts

BlockDAG and Beyond: Pioneering Innovations with Bitcoin Cash and NEAR in the Crypto Space

Let’s dive into the price analyses of two established names in the crypto space, Bitcoin…

1 hour ago

Binance Terra Classic Burn: Potential Impact on LUNC Price in May

Binance, the world's largest cryptocurrency exchange, has been a strong supporter of the Terra Classic…

3 hours ago

Top 5 Cryptos For 2024: BlockDAG’s $21M & Moon Keynote Buzz Dominate Toncoin, Chainlink & Polygon

As the cryptocurrency ecosystem evolves in 2024, discerning the most promising investment opportunities becomes crucial…

6 hours ago

Shibarium Hard Fork, A Game-Changer for Shiba Inu (SHIB). Here’s why

The Shiba Inu development team is gearing up for a significant upgrade of the Shibarium…

7 hours ago

A Guide On Purchasing BlockDAG Coins for 30,000x ROI Using Ethereum And Trust Wallet

As the cryptocurrency market flourishes, BlockDAG captures attention with its distinctive DAG architecture and sophisticated…

8 hours ago

Exploring Blockchain Evolution: BlockDAG Leads With A Bold $30 Valuation Forecast By 2030, Surpassing TRON And Shiba Inu

As the digital currency market evolves, blockchain technology serves as the foundation for major cryptocurrencies…

10 hours ago