Charles Hoskinson and the developments of the Cardano project
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Charles Hoskinson and the developments of the Cardano project

By Alfredo de Candia - 7 Oct 2019

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A long AMA (Ask Me Anything) session was held yesterday with Cardano’sCardano’s founder, Charles Hoskinson, who explained and illustrated the progress of the blockchain project and the developments related to the release of the Shelley testnet.

The first point mentioned by Hoskinson was the upcoming introduction of a staking and reward system for users who stake a certain number of tokens. In this regard, Charles mentioned that some news is expected in mid-October, with a post that will explain all the features of staking.

Hoskinson also pointed out that about 10 releases with various updates and improvements for Cardano were released in a matter of days and that new updates are expected in the coming days.

An interesting segment of this AMA concerns the fact that, as Hoskinson explained, during the event in Wyoming, a 13-year-old boy managed to create a node with a Raspberry, showing how even the youngest ones are increasingly competent in these technologies.

The delays of Cardano and the ICOs

Hoskinson and his team of over 200 people have been working on the project since 2015, although there have also been mistakes and slowdowns due to external factors. In this regard, the founder of Cardano mentions what happened to EOS and the related SEC sanction.

He was also positive about the use of the blockchain in the field of counterfeiting, especially in manufacturing, as is happening in Italy for example with the protection of the Made in Italy.

On the other hand, he was critical of ICOs (Initial Coin Offerings), seen only as a method to collect money. In this regard, Charles notes that the major blockchains have not received investments.

Alfredo de Candia
Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

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