Cardano debuts IOHK Summit in Miami as new Shelley specifications released48

The specifications for Shelley, Cardano’s newest update that aims to bring full decentralization to the platform, have finally been revealed. IOHK, the company behind Shelley, announced the key specifications that deal with everything from the design for the delegation and incentive mechanism to ledger rules.

Following weeks of anticipation fueled by numerous interviews that analyzed its potential, new Shelley formal specifications have finally been revealed. The new project’s goal is to bring decentralization to Cardano (ADA) by handing control of the ledger over to the community via stake pools.

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