Working as a bridge between the Byron update and the next to occur, Shelley, Cardano successfully completed the OBFT hard fork
Charles Hoskinson, CEO of Input Output Hong Kong (IOHK), the founding company of Cardano (ADA) announced the successful launch of the hard fork (hard fork) Ouroboros Byzantine Fault Tolerance (Ouroboros BFT or simply OBFT).
The purpose of this hardfork is to move the Cardano Participation Test Protocol (PoS), also called Ouroboros, from the Byron update to the next one to occur, Shelley.
On his Twitter account, Hoskinson said:
“Hardfork successful. The OBFT was has begun”
Cardano completed OBFT hardfork
The Cardano Participation Test Protocol (PoS) update took place on February 20 without affecting ADA users. Thus, OBFT was implemented in the main federated network of Byron, representing an evolution of the original Ouroboros Classic protocol and allowing Cardano to get closer “to activate the switch”.
Tim Harrison of IOHK explained that the Cardano network could now achieve a higher transaction speed, as well as its portability after the update.
This hard fork is just one of the network updates that will happen before the advent of the Shelley era. While the exact schedule is still unclear, Harrison is expected to send these updates in approximately two months.
The main Shelley network, which will work with the Ouroboros Genesis protocol, is expected to make Cardano the most decentralized Blockchain project, allowing the community to choose its own validators through staking.
With the activation of this hardfork, Cardano’s main network, also called Byron, has been updated from Ouroboros Classic to Ouroboros BFT. Thus, OBFT builds a kind of bridge between the Ouroboros Classic, which is currently still used in the main Byron network, and the Ouroboros Genesis, which underlies the Shelley era.
With the hardfork OBFT, all nodes were asked to change Cardano’s new client. Haskell’s implementation is the result of 18 months of development, as IOHK announced enthusiastically before launch, and consists of two main components: the Cardano node and the Cardano browser backend, as well as a new web API.