An update was published yesterday, in the form of an infographic, about the performance of Shelley, which, as is known, is Cardano’s testnet used to check how staking works and how users receive rewards.
The data are very positive and keep increasing every week. Currently, there are 1199 registered pools, of which 885 have at least 1 ADA delegated, whereas 70% of the pools are active and one-third of them actively produce blocks.
In fact, all those who decide to delegate their ADA to the various stake pools, in return receive a percentage proportionate to their stake, despite this being only a testnet.
The ADA staked on the Shelley testnet are now 12.45 billion, which is more than a third of the total supply of 32 billion, so a truly remarkable number that shows how, thanks to the relative incentive, Cardano is heading in the right direction.
There is a real revolution in terms of protocol, not only as far as Cardano is concerned, but also for the other blockchains whose PoS (Proof of Stake) model is becoming increasingly popular, including Ethereum, which is willing to replace its Proof of Work.
Furthermore, Cardano had recently anticipated the arrival of its own stablecoin.