What is good about Cardano is they agree that they don’t travel the road alone. Cardano calls themselves a worldwide movement – Decentralized.
Cardanians io tweeted: “Charles: This year you see all those components come together and this is the year you see Cardano basically ascend to the best cryptocurrency in the world. There really is going to be nothing on market that’s as good as what we’re delivering this year.”
Sydney Ifergan, the Crypto Expert, tweeted: “Cardano (ADA) Charles Hoskinson Quality Leadership is phenomenal. Charles wants decentralized leadership, and we need to see if there are replicas of him in the community to contribute to the commercial success.”
Charles Hoskinson got into doing some expectation management for those who are looking towards Cardano. He explained what is in scope for 2020 and what is outside of scope. He also tried to answer what Cardano is on the Hook for and what they are not for.
Cardano (ADA) what is Up in Scope for 2020?
Charles stated, “Back when we signed up to work on Cardano in 2015, we approached it like a best effort research project. There were aspirational high-level goals about what we wanted to investigate and solve, and then there were things we knew could be done and things we did not know if they could be done within any time frame. For example, Proof of Stake (PoS) was something that we wanted to study, but we did not know if the protocol worked or not.”
Further stated, “So, anyway, what we decided to do is to say okay, let us give it the best effort, and let us spend a few years and think about it. And, then, over time, things will get clear. So, one of the things that we decided to look at basically was, could we actually created a highly scalable, sustainable, proof-of-stake protocol or not.”
Also added, “So, the idea would be that we do two researches. One will be a proof of work threat research. The other one will be a proof of stake threat research. And for some reason, the proof of work research for threats, we did not feel comfortable with the security guarantee by the possibility result. And, the good news in 2015 was that they identified that the proof of stakes works and that it is a great protocol. We found a whole family of protocols that we could work with.”
Concluded stating, “So, the implementation of the suite of protocols is in scope for the original 2002 scoping agreement. So, that means up to genesis. Of course, we are going to add optimizations along the way.” Cardano (ADA) is heading to a superior crypto tech at the end of 2020.
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