In a recent tweet, Cardano founder Charles Hoskinson expressed concern about the ADA community scaling up. Hoskinson said that if the community decides to go in that direction, Cardano will have enough money in its coffers to run an active scaling program for Leios, Hydra, and Zero-Knowledge (ZK).
"For those discussing scaling, if the community wants to go in that direction, there is enough money in the treasury to implement active Leios, Hydra and ZK scaling programs," Hoskinson said.
For those discussing scaling, if the community wants to move in that direction, there is enough money in the treasury to implement active Leios, Hydra and ZK scaling programs. Given that we have the infrastructure and talent to do that, I would advocate for a continued parallel approach.
Hoskinson advocated a parallel approach and noted that #Cardano has the infrastructure and talent needed to implement multiple scaling initiatives simultaneously. This approach allows the blockchain to address immediate scaling needs while planning for future needs.
Looking back on the great strides made over the past 2 years, Hoskinson is optimistic about Cardano's rapid scaling potential. The significant updates and innovations introduced over the past 24 months have laid a solid foundation for the continued growth of the Cardano blockchain.
"I also think things can move very quickly given all the improvements we've seen over the last 24 months," Hoskinson said. This optimism is based on continued improvements to cardano's infrastructure, making the platform more scalable, secure and functional.
This includes the Vasil update for 2022/9. It improved functionality, performance and scalability by extending Cardano's smart contract functionality with Plutus v2. The Valentine update for 2023/2 included support for Secp256K1, which #StartInvestingInCrypto , #StartInvestingInCrypto and #Binance Coin use for public key cryptography.
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Cardano founder talks about critical challenges to #ADA blockchain stability
Tomibabold Olaside
The Cardano founder's statement has certainly sparked a reaction from the ADA community.
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