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Byron Phase (Cardano)

Cryptocurrency and Digital AssetsUpdated 13 Nov 2026

Byron is the name of the first development era of the Cardano blockchain, running from the launch of its main network on 29 September 2017 until the Shelley hard fork in July 2020. During Byron, Cardano established a working network on which users could buy, hold and send its native coin, ADA. The era is named after the poet Lord Byron, father of Ada Lovelace, after whom the coin itself is named.

Cardano's roadmap divides its development into eras, each named after a figure from literature or science: Byron, Shelley, Goguen, Basho and Voltaire. Byron was focused on foundations: launching the blockchain, introducing wallets, and running an early version of the network's proof-of-stake protocol, Ouroboros. In this period, block production was controlled by nodes run by the organisations behind Cardano, so the network was federated rather than decentralized, a limitation that the Shelley era was designed to remove.

01

Byron phase in plain terms

Think of opening a new town. Before residents can elect a council, the builders lay roads, connect water and electricity, and run things themselves for a while. Once the basic services work reliably, they hand control to the people who live there.

Byron was Cardano's building phase. The organisations that created Cardano ran the network themselves, making sure coins could be sent and stored safely. Ordinary holders could use ADA, but they could not yet help run the network or earn rewards for it. That handover came with the next phase, Shelley.

02

Background

Cardano was started in 2015 by Charles Hoskinson, a co-founder of Ethereum, and Jeremy Wood, through the engineering company Input Output Hong Kong, now known as Input Output Global. It was funded by a token sale held between 2015 and 2017, mainly to buyers in Japan. Three organisations shared responsibility: Input Output for engineering, the Cardano Foundation in Switzerland for standards and promotion, and Emurgo for commercial adoption. Cardano was designed around peer-reviewed research, and Ouroboros was presented as one of the first proof-of-stake protocols with a formal security proof.

03

What Byron delivered

Key features of the Byron era included:

  • Mainnet launch. The network went live in September 2017, and ADA soon began trading on cryptocurrency exchanges.
  • Ouroboros Classic. The first version of the consensus protocol divided time into epochs and slots, with slot leaders chosen to produce blocks. Each slot lasted 20 seconds, and the protocol's random selection was weighted by stake, in the manner later used by validators on the live staking network.
  • Federated block production. In practice, all blocks were produced by nodes run by the founding entities, so stake delegation was not yet available.
  • Wallets. The Daedalus desktop wallet, a full-node crypto wallet, launched with the network, and Emurgo released the lighter Yoroi wallet in 2018.
  • Codebase rewrite. Late in the era, engineers released a reworked node software, sometimes called the Byron reboot, to prepare for Shelley.

Addresses from this period, known as Byron addresses, remain valid but differ in format from later ones, which is why some wallets still distinguish between them.

04

Transition to Shelley

The Shelley hard fork took place on 29 July 2020, using a "hard fork combinator" that allowed the chain to switch rules without a disruptive split or restart. Shelley introduced staking and delegation, letting ADA holders delegate to independent stake pools and earn rewards, a model related to delegated staking. Over the following months the share of blocks produced by federated nodes was reduced to zero, and by March 2021 block production was fully handled by community pools. Later eras added smart contracts, with the Alonzo upgrade in September 2021 under Goguen, and on-chain governance, with the Chang upgrade in 2024 under Voltaire. Cardano's upgrades are introduced through hard forks coordinated by the core developers and, since 2024, approved through on-chain governance.

05

Assessment and criticism

Supporters see Byron as a careful, research-led start that produced a stable network without major security incidents. Critics argued that Cardano moved slowly, spending nearly three years in a federated state while competitors launched smart contracts and decentralized applications. During Byron, the network offered little beyond holding and sending ADA, yet the coin's market capitalization rose sharply in the 2017 boom, which critics saw as speculation ahead of delivery. The period also highlighted the trade-off between early centralization and safety: federated control made the network easier to manage but meant users had to trust the founding entities. The broader question of how blockchains move from centralized launches to decentralization remains a recurring theme, and Cardano's staged approach is often cited as one model.

Last updated 13 Nov 2026