Decentralization: crypto cardano early in the “Voltairian era” of self-government

With this new feature, the cryptocurrency will become completely decentralized. This update should happen at the end of June.

Main message for cardano. The cryptocurrency, which until now has been managed by the founders of its ecosystem and the development company IOHK, will become “self-managed”, like many other major cryptocurrencies. Its users will appreciate it. 70% of them have also adopted this new feature, which guarantees the community a blockchain with “the most advanced governance system on the market”, says Charles Hoskinson, co-founder of Ethereum and Cardano. The “Voltaire era” wants to propose more projects to directly finance its ecosystem.

Cardano explains on its website that Voltaire is “an era of development that allows the network to become a self-sustaining system.” “Voltaire will implement a voting and treasury system that will allow network participants to use their stake and voting rights to influence the future development of the blockchain.”

Cardano reminds that the system is managed by more than 3,000 distributed betting pools managed by the community. All blocks and transactions are verified by network participants without any dependence on a centralized authority.

On millions of people, we will have the most advanced blockchain management system, annual budgets, treasury and the wisdom of our entire community to guide us.

With a capitalization of 14.14 billion euros as of June 12, according to Coinmarketcap, Cardano is in the top 10 largest cryptocurrencies in the world.

Antoine Larigaudrie and Sébastien Bordry

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