Cardano Charles Hoskinson Says They Have Built an Ecosystem Poised for Mass Adoption

The co-creator of Cardano (ADA), Charles Hoskinson, says they have built an ecosystem that is ready to be adopted by a large volume of people.

Hoskinson stresses the need to take an academic and scientific approach to the development of the Cardano blockchain in an interview with Messari founder Ryan Selkis.

The Steady Methodology

Cardano’s creator believes the community clamors for the fast but steady approach, especially during crypto winters.

“Every step of the way with Cardano, we just basically said we’re going to start from something that makes sense. We’re going to write papers. We’re going to validate those papers in the academic community. There are now over 150 of them that we’ve written as an ecosystem by top professors,” he said.

He added, “We have a lab at Stanford. We have a lab at CMU (Carnegie Mellon University). We have people in Europe at Edinburgh, people in Japan at Tokyo Institute of Tech, and then through an evidence-based way we’re gonna roll it out.”

“And so it’s built this great community that basically says, ‘Look, these guys eventually will get there. They’re eventually going to figure it out. And wherever they get to, it’s probably going to be something that works and it’s global scale.”

Releasing a Teaser for The Next Phase of the Network Called The Age of Voltaire

As of just a few days ago, Cardano has completed an important upgrade, and things are running smoothly.

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A teaser for the next stage of the Cardano network was released by Cardano founder Charles Hoskinson after Vasil had been working as intended.

According to Cardano founder, the network is entering a new era, the “Age of Voltaire,” as they call it, which further decentralizes the network.

“The Age of Voltaire will soon be upon us as an ecosystem. It’s going to unlock the power of the millions of Cardano users and builders,” the tweet read. “It will also, once again, show the rest of the industry how to do decentralized governance just like we did with Staking,” tweeted Haskinson. 

The Bullish Sentiment Among Cardano Users

The Cardano community seems to be equally optimistic about the network as its founder is.  Coinmarketcap’s “Price Estimates” feature is being heavily utilized by the Cardano community, who have shared their price predictions for the cryptocurrency on the platform.

ADA users expect its price to rise 37% in the next month based on an average of more than 10,000 votes. 

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At the end of October, their estimated price for the digital asset is $0.5785. Although ADA has had a poor week in the market, users are still bullish on the stock. As ADA’s price trended below its 20-day moving average, the selling pressure has grown.

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Jamilatul Mahmudah

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