Cardano switched to Proof-of-Stake consensus on July 29, 2020. This was in epoch 208 and the first block was minted by one of the Genesis pools operated by IOG. The block had a Height of 4,490,511. 10 days later, the first community pool minted a block. The pool had the ticker 1PCT6. This occurred in epoch 211 and slot 449. Shortly after, in slot 729, the second block minted by the community pool occurred. The pool had the ticker CRDNS and was operated by Cardanians. The third place belongs to the pool with the ticker JAPAN2. Let’s add that there were 400 pools up and running when Cardano switched to PoS. Today, all the blocks are minted by community pools. There are 3200 registered pools, and approximately 1200 of them produce blocks. At the time of writing the article is missing about two days before the small anniversary. Cardano will soon celebrate 4,000,000 blocks minted through the PoS consensus.
TLDR
- So far, Cardano needed no coordinated restart of the network. There was no major issue related to PoS.
- Cardano mints roughly 4,320 blocks per day.
- So far, PoS has successfully passed the test of time for the third year.
This article was prepared by Cardanians with support from Cexplorer.
Read the article: https://cexplorer.io/article/cardano-to-mint-4-000-000-blocks-with-proof-of-stake