Beat BlockBeats news, May 29, Cardano founder Charles Hoskinson revealed that the next iteration of Cardano's main web, Shelley, will be released as early as July 29. Shelley will introduce the proposed PoS consensus layer for the project to enable users to participate in the transaction validation process either directly or through delegation. The upgrade also marks a significant step forward on the road to decentralization, with the main network currently managed primarily by the Cardano foundation.

Shelley's full presentation may take up to a month to complete. Cardano plans to release the Shelley primary web candidate chain around June 23, prior to the June 30 release of the primary web code. The formal hard fork will begin on July 29, when Shelley launches, giving network participants enough time to upgrade their nodes and wallets. According to the roadmap, Cardano will start issuing its ADA mortgage rewards around August 18.
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