In a recent update on social media, Charles Hoskinson, who’s the creator of Cardano, highlighted several important topics for the project.
Bringing Bitcoin decentralized finance (DeFi) to Cardano will be one of the key themes.
Cardano plans to emphasize scalability using Ouroboros Leios, a fresh version within the Ouroboros family. This new variant has the potential to significantly boost transaction speed, which might enable Cardano to compete with robust contenders like Solana.
As an analyst, I’d like to highlight that unlike some other platforms, Cardano is more like a peninsula rather than an isolated island. This unique structure allows for a multitude of potential integrations, as we continue to develop and expand its capabilities.
Hoskinson has stated that he has already booked a meeting with Chainlink.
According to a report from U.Today, Hoskinson and his team have been discussing with the well-known enterprise blockchain firm Ripple about incorporating the RLUSD stablecoins into their system.
More recently, the Cardano creator has expressed opposition towards utilizing Input Output Hong Kong (IOG)’s earnings for financing ecosystem projects, like integrating stablecoins, as he believes it doesn’t represent “the people’s funds.
In simpler terms, the digital currency called Cardano (ADA) has dropped by over 5.1% during the last 24 hours. Despite this decrease, it continues to be listed among the top 10 cryptocurrencies on CoinMarketCap due to a significant surge in value previously.
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2025-01-19 15:38