By Solomon Odunayo
Juan M. Villaverde, a Weiss Crypto Ratings analyst, has recently asserted that Cardano, a proof-of-stake blockchain platform, is already a big play-maker in the cryptocurrency ecosystem.
Villaverde made this assertion during a conversation with a Cardano community member, identified on Twitter as CardanoCooz.
CardanoCooz asked:
“Do you see Cardano being a big play-maker in the crypto space in the future?”
In response, the Weiss Crypto Ratings’ analyst pointed out that Cardano is already a big player in the crypto space, adding that the team behind the notable result has done more work than many top cryptocurrency projects, including Bitcoin (BTC), the first and largest cryptocurrency.
He also acknowledged that the crypto project is the first to make proper research regarding Proof-of-Stake (PoS) protocol before working on it.
Villaverde further opined that Ethereum (ETH) and Cardano (ADA) will co-exist. He believes that none of the two competing projects will go away.
Juan M. Villaverde said:
They already are. They’ve done more work than most other crypto companies, and that includes even Bitcoin. They have formalized a lot of the science that’s behind crypto, blockchain.
They’re the first ones who, before doing Proof of Stake, they actually did some research to prove whether or not Proof of Stake actually makes sense.
The question on everyone’s mind is: are they going to be the next Ethereum. I think they are going to coexist. I don’t think Ethereum is going away. I don’t Cardano is going away.
Is it going to be as big? Is it going to have a thriving ecosystem with thousands, tens of thousands, even millions of people building stuff around it, using it every day…? …Remains to be seen.
Apple Approves Yoroi Version 2.2.2
A recent report coming from Yoroi has it that the long waiting is now over, as Apple finally approved version 2.2.2 of Yoroi Wallet.
Users are hereby advised to download the latest update. However, the approval for the Android version of the App is still pending, due to delays caused by Covid-19.
Yoroi tweeted, “Apple has approved 2.2.2 so if you’re an iOS user, download the latest update! (should be automatic) For Android users, Google still hasn’t approved the latest version so you will have time wait. Google says COVID-19 is causing delays in app reviews.”