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The value of the digital currency Cardano has risen by more than 8% in the past 24 hours and by 25% in the past 7 days. The price changes were made after Charles Hoskinson and IOHK updated the Cardano network plan in 2022.
Charles Hoskinson’s Cardano outlook for 2022: “A formal open source project structure will be formed”
Cardano (have) Supporters are happy to receive two updates from IOHK, the team behind the development of the encryption project. On December 24th, Cardano founder Charles Hoskinson delivered a 30-minute speech. New video Explain some of his goals for next year. “My goal in the second half of 2022 is to figure out how to put all the pieces together for end-to-end microfinance transactions on Cardano,” Hoskinson said in his video.
Hoskinson further pointed out that an official open source system similar to Linux will be introduced. “A formal open source project structure is about to take shape, a bit like Hyperledger to Linux,” the Cardano founder revealed. Hoskinson also said, “There are currently nearly 15 companies in the world researching Cardano-the sun will never set for this project.” Cardano executives emphasized:
We need to make hundreds, and then eventually reach thousands. We need the active cooperation and collaboration of universities and nation-states and other institutions, which are closely related to the success of this project.
IOHK blog post highlights the praise of “Realfi” and “the most environmentally friendly coin”
In addition to Hoskinson’s 30-minute Youtube speech on Christmas Eve, the development team behind Cardano, IOHK, also Published an article This explains how users can introduce to family and friends have during the holidays. This article explains how the Cardano team focused on decentralized finance (defi), but referred to it as “Realfi”. The blog post details about 1 billion people without legal identities, and this is where Realfi can help.
“Due to real finance or Realfi, Cardano stepped in,” IOHK’s blog post details. “Cardano can give these billion people an identity. In fact, they can use digital identities to get funds. Realfi creates value and opportunities for those who really need these things.”
The IOHK blog post also highlights the fact that the energy consumption of the network is negligible compared to Bitcoin’s proof-of-work consumption. The development team noticed how it is called “The most environmentally friendly coin,”when have Criticized by Elon Musk Bitcoin Energy consumption of the network. IOHK added:
You may have heard of climate change, energy crisis, etc. Cardano is a very green blockchain because it consumes much less energy to produce new blocks compared to Bitcoin or Ethereum networks. That’s because Ouroboros is a proof-of-stake agreement.
Cardano (have) It has successfully risen by more than 8% in the past 24 hours, and it has risen by more than 25% in the last week. Year-to-date statistics show that have An increase of 887%, but crypto assets are down 49.2% from the historical high of $3.09 per unit on September 2, 2021. At the time of writing, haveThe 24-hour price range has been between US$1.43 and US$1.59 per item.
What do you think of Cardano’s recent market performance and the updates of Charles Hoskinson and IOHK? Please tell us your thoughts on this topic in the comments section below.
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