The CEO of Input Output Global (IOG), Charles Hoskinson, who is the creator of Cardano (ADA), has taken his time to discuss the effort that gave rise to the emerging smart contract platform and its native token ADA.
In a new interview, Charles Hoskinson pointed out that Cardano (ADA) “did not come out of nothing”, but a dream that is progressing to reality.
Hoskinson revealed that there are many members of the team that have spent relatively five years building, holding, and believing the dream. He added that there is a set of people in the team that Cardano blockchain project is their last major academic project due to their age.
Charles Hoskinson noted:
“We have been building for a long time. Cardano didn’t come out of nothing, it was a dream and we built the great team and we spent literally half a decade of our lives building, building, adding adding to it… I care about every line of code, I care about every paper, I care about every graphic, I care about every text, every blog post. Everything we do I care about and I say we need to measure up because people matter.
“People have put a lot of time, a lot of effort, a lot of love into Cardano. People tattooed its logo on their bodies. You just can’t treat this like a job. You have to treat it like “I have found peace”… And at a moment in history, a lot of great people come together and have chosen to spent, in some cases, the last project of their career.
“A man is an example of that. He’s in his 60s, this is the last major academic project he’s going to work on… I’m so incredibly fortunate that we built this group of people who have that same mentality and their opinion. I took that mentality in building my company, in building my team and doing the scientific work. The development is cascading, i.e. each level adds the next level.”
Smart Contract Is Coming Soon On Cardano
Alonzo hard fork combinator is expected to add smart contract functionality to the Cardano blockchain. Alonzo will use the Plutus platform to establish the infrastructure and tools for smart contract development.
A few days ago, Charles Hoskinson, the CEO of IOG laid out the roadmap for the development of Cardano (ADA) until 2025. In the video, Hoskinson stated that with the final Voltaire update, the Cardano ecosystem would operate as a self-sufficient system.
However, there will be a lot of steps to this notable level. But for now, as aforementioned, the next expected update is Alonzo, which will bring about the full implementation of smart contracts on the Cardano blockchain, and it’s slated to play out in August 2021.
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