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Cardano Ecosystem

Thecoinrise

03/21/2022

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Cardano aims to perform at the same level as Solana

During a recent interview with InsideW3B, Charles Hoskinson, the co-founder and CEO of the company behind the Cardano (ADA) research and development, IO Global said that June and October would be “wonderful months.” When asked about the priorities of...

Cardano aims to perform at the same level as Solana
Charles Hoskinson, the co-founder and CEO of the Cardano said that June and October would be “wonderful months.Charles Hoskinson, the co-founder and CEO of the Cardano said that June and October would be “wonderful months.

During a recent interview with InsideW3B, Charles Hoskinson, the co-founder and CEO of the company behind the Cardano (ADA) research and development, IO Global said that June and October would be “wonderful months.”

When asked about the priorities of the company, Hoskinson said:

“Right now, I’d say the three key things we’re concentrating on are commercial comparability, sustainability, and self-determination.”

Cardano aims for scientific brilliance

Cardano puts a major emphasis on correctness and scientific brilliance at the early stages of the project in terms of commercial comparison, according to him.

He informed that all of these changes would be released and would aim to vastly improve the scalability and expressiveness of the system, allowing users to achieve the same level of performance as systems like Solana.

The users will not only receive all the secure, correct, and resilient systems, but also the best of what other competitors offer.

We’re looking forward to June and October because that’s when we’ll be launching a slew of new features… Plutus improvements, side chains, and pipelines are just a few examples… Hydra, for example, has several wonderful applied research lines…

“In terms of long-term viability, you’d prefer a system that, as it runs, becomes more efficient, scalable, and capable of organic growth, while maintaining the same cost center and standard of performance that you’ve grown to know and love… That implies you’ll require items such as Mithril…”

According to the IOG CEO, many Cardano DeFi projects are waiting for the Vasil hard fork Combinator (HFC) event, which will most probably be organized in June. It is anticipated that Cardano TVL would further go up.

Hoskinson, who recently talked about the future of DeFi, revealed on December 10, 2021, that the June hard fork will be named after his Bulgarian friend and Cardano advocate Vasil Dabov, who passed away recently. Dabov was a well-known blockchain consultant, Haskell expert, and ginkgologist. 

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