According to the founder and CEO of IOHK, Charles Hoskinson, the ADA cryptocurrency is on the tip of the iceberg with huge impacts expected just around the corner...
Writing in a tweet on the 22nd of February, Hoskinson explained to the community that they should prepare themselves for something big in the next couple of months.
The co-founder further explained how he met with his product managers to talk about the progress of the cryptocurrency to date. After this talk, the CEO let it slip that the digital asset is on the verge of something big.
Hoskinson cited that there are many developments happening in the ecosystem for the cryptocurrency and that with this so-called ‘iceberg’, a huge impact is in order. He even went on to say that the next few months are going to be wild.
The best part of my day is when I have a chance to chat with my product managers about our progress, new ideas and what's coming to market soon.
Cardano is like an iceberg. There is so much you don't see, but will soon have a huge impact. Next two months are going to be wild!
— Charles Hoskinson (@IOHK_Charles) February 22, 2020
It was reported earlier this week by CryptoDaily that the protocol successfully implemented its Ouroboros Byzantine Fault Tolerance (OBFT) protocol. This new hard fork is bringing in the Cardano blockchain closer to the Shelley era which will introduce proof-of-stake consensus algorithms. On top of this, the update is the last level to becoming a decentralised blockchain.
With the hard fork being a complete success, it’s exciting to see where the protocol will go next and how long it will take until the new era is on the dawn…
For more news on this and other crypto updates, keep it with CryptoDaily!
