Cardano (ADA) founder Charles Hoskinson made some statements about Cardano (ADA) by making a live broadcast on Twitter. Hoskinson announced that Cardano will be scalable after the release of smart contracts.
Cardano (ADA) founder Charles Hoskinson met with the crypto community in a live broadcast organized via Twitter. on air cryptocurrency Discussing the gaps and issues related to the world, Hoskinson explained the importance of opportunities in this field for Cardano.
Brief Update https://t.co/9Tw2zPtVxm
— Charles Hoskinson (@IOHK_Charles) October 18, 2021
Hoskinson was in South Africa at the time of this live broadcast. As it is known, Hoskinson is currently traveling to different parts of Africa. Emphasizing the importance of these trips, Hoskinson explained that there were so many opportunities in that area and that he learned more during this entire trip.
In this short live broadcast, Hoskinson responded to the unfounded and disturbing allegations about the Cardano (ADA) project and the Alonzo smart contract update, and made some explanations about the future of the project.
Stating that Cardano has acted in accordance with the roadmap it has drawn so far, Hoskinson stated that they have not even experienced any delays so far. “The network has never crashed and the Cardano community continues to grow every day.”
Hoskinson also stated that he has some work to relieve those who oppose this project and the updates. According to Hoskinson, the biggest concern of the opponents is the problems related to “scalability”. “The PAB launch, which will be released at the end of this month or early next month, will address exactly this issue.”
In addition, Goguen’s purpose is to determine the programming model of the network; Hoskinson stated that the aim of Basho is to make the program work on a large scale. Cardano’s next goal is to increase scalability with PAB and enable more users to join the network.
Hoskinson explained that once the number of users reaches a sufficient level, Hydra, the Tier-2 solution, will also be released. He stated that Cardano has many different projects such as Plutus, Mamba Pool, Atala PRISM and Mithral. “We currently have 14 different teams working to incorporate 14 different elements into Cardano.”
Hoskinson noted that currently Cardano is working with several fully funded and ready-to-go commercial projects. He reiterated that he is very hopeful that we will see large-scale commercialization next year.
Hoskinson stated that those who gave up on the project should read the “whitepaper” written in 2016 and stated that the project is still as alive as it was on the first day.
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