The “D” Parameter
As of this publication, Cardano has around 30 network parameters. These parameters are the mechanisms that control how the Cardano Blockchain works. Today, we are talking about one of the oldest parameters, the Decentralization parameter - also known as the “D” parameter. While the ‘D’ parameter has now been retired, it’s an interesting part of the origin story of Cardano.
So what was it for?
Every blockchain starts with a few people turning on the network. Then, slowly, others around the world can join that network. The job of the Computers on a blockchain network is to process messages and make sure everyone is playing by the rules. These computers govern the network.
Public permissionless blockchains like Cardano allow…