Cardano Ecosystem Focuses on Interoperability and Scalability in Voltaire Era – Can Price Hit $1?
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Cardano has achieved significant milestones in scalability, interoperability, and governance through its various phases from Byron to Voltaire. Charles Hoskinson emphasizes Cardano’s global impact and transformative mission over asset prices and market speculation. Cardano founder Charles Hoskinson recently highlighted the broader mission of the project in a YouTube video, emphasizing the transformative global impacts over mere asset prices. He underscored that Cardano is not just his project but a venture aimed at making a positive change worldwide. Despite nearing significant milestones, the project continues to face paradoxical scrutiny. Reflecting on Cardano’s journey, Hoskinson discussed the project’s phases and the scrutiny it faces. He remarked, “Cardano should not be equated as a Charles Hoskinson project… it’s not about a token or a price; it’s about making the world better for everybody.” Despite nearing its goals, Cardano faces paradoxical criticism. He noted that managing public perception remains challenging in the crypto sector despite the project’s advancements. Cardano has made significant progress through its phases, from Byron to Voltaire, achieving milestones in scalability, interoperability, and governance. The Byron phase focused on launching the network, while the Shelly phase transitioned it from static and federated to dynamic and decentralized. According to Hoskinson, “Byron was all about launching a cryptocurrency network… Shelly was about making that from static and federated to dynamic and decentralized…” Governance and Scalability Milestones Hoskinson announced significant advancements in governance and scalability. He revealed the imminent launch of the largest on-chain government in the industry, along with the availability of node 9.0, which marks a move towards Cardano’s vision of a decentralized future. This development highlights Cardano’s commitment to creating a robust and scalable governance system. Looking ahead, Hoskinson emphasized broader adoption and real-world applications for the next five to ten years in the crypto space. He stressed leveraging Cardano’s strong…
Filed under: News - @ July 5, 2024 6:12 am