Charles Hoskinson, the founder of Cardano (ADA), posted on the social media platform X to address concerns and speculation surrounding the Layer 1 blockchain project. Hoskinson’s insightful post shed light on the groundbreaking partnership between Cardano and World Mobile, a collaboration first announced in April 2021.
At the heart of Hoskinson’s message was the ambitious nature of World Mobile’s goals. These goals necessitate a global, diverse protocol for complex hardware, licensed spectrum, user-driven network growth, and readiness for quantum computing.
Hoskinson also stated the limitations of existing blockchain systems. Current blockchain systems lack the capacity and technology to handle projects of this scale involving billions of users. As a result, World Mobile is taking on the monumental task of creating a system tailored to these unique requirements.
Moreover, Hoskinson emphasized that Cardano’s meticulously crafted roadmap is the key to achieving these ambitious goals for the future. With a sharp focus on identity, partnerships, and a unique programming model involving EUTXO (Extended Unspent Transaction Output), Cardano is laying the groundwork for a more interconnected and resilient digital ecosystem.
Partnerships are essential as these chains run alongside Cardano, each with unique rules and protocols. They contribute to the overall network’s strength and adaptability. Hoskinson addressed concerns regarding partnerships not being Cardano itself. He stated, “Hypercomplex projects like Mobile Word need the freedom to have unique protocols, including variations in consensus, ledger rules, network design, and transaction semantics.
Cardano Vision: Maturing Infrastructure & Web3 Evolution
While Cardano’s roadmap remains unwavering, Hoskinson acknowledged that the frameworks and core infrastructure necessary for this new paradigm are still maturing. The ongoing growth of the Midnight DevNet evidences this. “We at IOG look forward to working with World Mobile to help them achieve their mission and to ensure Cardano continues to be part of their story,” Hoskinson affirmed, underscoring the importance of continued collaboration.
Furthermore, Hoskinson’s vision for Cardano aligns with his statements in November 2023, where he outlined plans for the blockchain to support dozens of interconnected chains powering true Web3 applications. Governance on Cardano will be built throughout 2023, with the effects expected to unfold in 2024.
Moreover, as the blockchain ecosystem continues to evolve, Cardano’s roadmap and partnerships demonstrate its commitment to pushing the boundaries of what is possible. With Hoskinson’s visionary leadership and the community’s support, Cardano is poised to play a pivotal role in shaping the decentralized future.
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Furthermore, the author’s views are for reference only and shall not constitute investment advice. Before purchasing, please ensure you fully understand and assess the products and associated risks.
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