. Shelley! Where are you!

Shelley - second major era in Cardano development (after Byron) when platform becomes decentralised and available for public nodes.


Link to Charles videos describing the Shelley switching over process:  

1. https://youtu.be/iRIRbsEOp1I 

2. https://www.youtube.com/watch?v=1zR9gMSIZKs


Short Summary:  

- This is a new protocol and takes time to develop correctly  

- StakePool Taskforce has been assembled and is compiling questions as we speak  

- Rust/Haskell nodes are being developed in parallel.

- Shelley formal specs are being finished and are expected to be released in the next few weeks 


Stages of Shelley switching:  

1. Initial test-net will be compiled from members of the StakePool Taskforce  

2. Once test-net is complete - introduction into switching  

3. Daedalus Wallet Updates:

a. 1.4 – Wallet Backend is beginning to be de-coupled  

b. 1.5 – Network switches to OBFT, which is a step required to transition between Byron and Shelley

c. 2.0 – Network is switched to Shelley, but still under 100% control of the core cluster


Staking Process:  

- Starting from the second epoch of Shelley – some % of slots will be given out to registered pools

- Third epoch – If previous stake pools successfully create their blocks then more slots will be allocated to other stakes pools 

- This process will be continued until complete handover to a decentralised network.  

- You will be able to stake your ADA from both Daedalus and Yoroi

Latest estimates:

- OBFT ~ in mid-march

- Shelley testnet ~ second half of march

- Shelley on mainnet ~ mid-april