Wednesday, June 16, 2021

Cardano (ADA) Will Ascend As the Best Cryptocurrency This Year –Charles Hoskinson

The CEO of IOHK Charles Hoskinson, who doubles as the co-founder of Cardano (ADA) and Ethereum has once again pointed out that Cardano will ascend as the best cryptocurrency in 2020.

He made this known in a video on Twitter a couple of hours ago. The video was transmitted from his base in Coronado, and titled “Completing Cardano 2020.”

In the 30 minutes video, Charles Hoskinson reiterated his belief in the prospect and advancement of Cardano (ADA) among other cryptographic projects.

He believes that the smart contract platform would soon be superior to other top cryptocurrencies in the industries, such as Bitcoin (BTC), Ethereum (ETH), and others in terms of technology.

Read part of his statement below:

“These are amazing achievements in a very short period of time. They were incredibly expensive in terms of thought, time and money. But they were achievements nonetheless. And they are achievements that have moved the entire state of the industry forward.

So this year is the 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. Because at the end of the day we have it all.

We’ll have a loading system. We’ll have a smart contract system. We’ll have a multi-asset standard. We’ll have an identity standard. We’ll have the scalability required to meet all of the growth demands that we need.

We have a very clear interoperability story. We have a clear idea of how we’re going to communicate with other systems. We have a great way for academics to get involved. We have a great way for the community to get involved.

And no matter what group you’re in, whether you’re in the group of people who buy ADA or trade it, whether you’re in the group of people who develop on the platform, the people who govern the platform or the people who operate the platform, we’re going to be best in class in all of those things. And that’s what we’re delivering, and that’s what we’re committed to deliver throughout 2020.”

It’s an open debate about what makes us competitive and what will bring new users into the ecosystem and what’s commercially critical infrastructure.

And that’s an ecosystem play. So it means Emurgo has to step up. It means the Foundation has to step up, and this is what they were funded for and why they exist.”

Tobi Loba
Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.

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