Cryptocurrencies

Charles Hoskinson of Cardano (ADA) Announces Major Network Updates

Charles Hoskinson, CEO of Input Output HK (IOHK) and co-founder of the project Cardano (ADA) blockchain. It has revealed that the next few months will be quite exciting for the community, as there will be numerous updates to the project roadmap. Including the Byron reboot, a partnership agreement with the Tanzanian government, and more, according to reports from Feb.25, 2020. 

These are exciting times for Cardano's distributed ledger technology project and ADA holders. As the team has revealed that it is working hard to pull several strings that will drive the adoption and growth of the Cardano ecosystem. According, the Cardano team successfully completed the update. Ouroboros Byzantine Fault Tolerance (OBFT) on February 20, 2020, was a significant milestone that lays a solid foundation for the arrival of the Shelley era.

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Cardano (ADA) seems to be doing very well 

In the last transmission of Hoskinson, the highly reputable mathematician categorically stated that the smooth execution of the OBFT hard fork. It is a massive moment for the Cardano Foundation as a whole. If all goes according to plan, Shelley's testnet will go live before the end of March 2020.

Additionally, Hoskinson has also hinted that the team is working around the clock to make launching the Shelley testnet as smooth as possible. So he plans to implement the Byron reboot in mid-March 24.

In early January 2020, reports emerged that Cardano had signed a partnership agreement with the “Big Four” professional services firm PricewaterhouseCoopers (PwC) in a bid to promote ADA adoption. Hoskinson says that Cardano will be hosting a blockchain workshop in collaboration with PwC from March 6, 2020.

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Jose A Hernandez Marquez

Industrial engineer, technology enthusiast. In my free time, I play Ultimate Frisbee, read a lot about Bitcoin, the Crypto-space... and from time to time I get lost in nature.

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