D Parameter - How does a blockchain become decentralized?

Every blockchain starts with a few key players—but how does it evolve into a fully decentralized network? In this episode, we explore the story of Cardano’s 'D' parameter, a crucial piece of the puzzle that guided Cardano from its early centralized days to the globally decentralized network it is today. We’ll break down what the 'D' parameter was, how it worked, and why its gradual retirement marked a pivotal moment in Cardano’s history. From its careful phase-out during the Shelley era to its complete removal in the Vasil upgrade, the 'D' parameter played a critical role in shifting block production from insiders to the broader community.

We’ll also discuss what Cardano’s decentralization journey teaches us about trust, transparency, and community-driven growth. Whether you’re a blockchain enthusiast or just curious about how networks evol ...