Wednesday, January 20, 2021

Thousands of DApps Will Be Running On Cardano by This Time Next Year –Charles Hoskinson Predicts

Charles Hoskinson, the CEO of IOHK, has recently predicted that there will be hundreds of assets, thousands of DApps, and lots of interesting projects running on Cardano by this time next year.

Hoskinson shared this prediction via his official Twitter handle a few hours ago. In the tweet, the CEO stated that lots of unique use cases should be expected on Cardano.

He added that the Cardano ecosystem will experience remarkable growth in 2021, stating that the community will remain in the mood of innovation.

Charles Hoskinson tweeted, “This time next year I predict there will be hundreds of assets running on Cardano, thousands of DApps, tons of interesting projects and lots of unique use and utility. 2021 is going to be so much fun watching Cardano grow and evolve. The community is definitely ready to innovate.”

As expected, the tweet immediately gained tons of mixed reactions from the crypto community members. A lot of commenters came in defense of his prediction, while some other came criticisms.

Shelley Hard Fork Initiated

Charles Hoskinson’s trending tweet is coming at a time that the community is preparing for the hard fork that is expected to fully launch the Cardano community into the Shelley era, scheduled to take place on 29th July 2020.

In a recent live video, Hoskinson stated that over the weekend, his team of developers would be conducting an exhaustive 72-hours burn-in for a necessary quality assessment.

He said:

“We have now begun the countdown over the next 5 days to hard fork Cardano from Byron to Shelley. Our las chance to abort will be sometime on Monday, during the weekend the engineers and the QA-team will be conducting an exhaustive 72 hours burn in, to go through all checklists that we have.”

He acknowledged the efforts of all the state pool operators as they fully participated in testing the software to identify and fix bugs on the network.

“From here on out, Cardano is the best cryptocurrency on market when we think about it compared to bitcoin. And as soon as we get native assets and smart contracts, we’re the best cryptocurrency, bar none,” Charles Hoskinson added.

Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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