Cardano smart contracts enter critical phase as Hoskinson lays out support for dApp developers

2021-5-26 01:00

Input Output Global (IOG) CEO Charles Hoskinson gave an update on the rollout of Cardano smart contracts during his latest live stream, a video shows.

Of interest were his comments on the additional support for dapp developers as ‘Alonzo’ races to the finish line.

Things look set for an August release date. At which time, Cardano will finally get to compete with Ethereum on a level footing. The question is, does Cardano have enough to overcome Ethereum’s significant network effect?

IOG to focus on helping dapp developers

Critics often cite Cardano’s lack of smart contract functionality as the reason why Ethereum is superior.

Hoskinson has previously addressed this point by likening the criticism to asking why no one is attending a nightclub that has yet to open.

A key component to taking on Ethereum is decentralized applications (dApps). After all, what use is smart contract functionality if there are no applications for people to use?

This is a point noted by Hoskinson, who expressed a desire to get Cardano dapp ready as soon as Alonzo rolls out. Speaking on his latest live stream, the IOG boss said:

“Alonzo is Alonzo because of you guys, not because of us. It’s a generic smart contract framework and really it’s defined by the applications that are constructed.”

With that in mind, Hoskinson said IOG would divert additional resources to help dapp developers get their projects to “a ship-ready state” in time for Alonzo’s rollout.

“Over the next 90 days, we’re extremely interested in making sure that those who have viable projects, or the potential for viable projects, aren’t just left to die on the vine. But rather get the support that they need so that they can take those projects to the next level,” he said.

Cardano needs dapps to compete

In July 2020, Hoskinson predicted that July 2021 would see thousands of dapps running on Cardano.

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

— Charles Hoskinson (@IOHK_Charles) July 26, 2020

A look at Cardano’s GitHub activity shows it currently tops the list as the most active platform by GitHub activity over the last 30-days.

Image: Santiment.

As far as what dapps the community can expect, Hoskinson has already mentioned that Cardano ‘Catalyst’ shows NFT marketplaces, stablecoins, oracles, and DEXes are all in the works.

Catalyst is a community-driven project that funds proposals as voted for by users and paid for through a treasury tax on staking rewards. But what that said, whether Cardano can make a dent in Ethereum is for the market to decide.

The post Cardano smart contracts enter critical phase as Hoskinson lays out support for dApp developers appeared first on CryptoSlate.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Cardano (ADA) на Currencies.ru

$ 0.2504 (-0.90%)
Объем 24H $525.009m
Изменеия 24h: -5.70 %, 7d: 1.00 %
Cегодня L: $0.2504 - H: $0.2542
Капитализация $9.039b Rank 12
Цена в час новости $ 1.559 (-83.94%)

cardano hoskinson contracts smart dapp support developers

Источник: cryptoslate.com

cardano hoskinson → Результатов: 126


Откуда у Хоскинсона столько денег?

Основатель Cardano Чарльз Хоскинсон удивил всех новым признанием: оказывается, он потратил $450 млн из своих личных средств на развитие экосистемы Cardano. Хоскинсон создавал Cardano с нуля с 2017 года, и даже сейчас, несмотря на скептицизм и критику, продолжает инвестировать в свой проект.

2024-11-5 14:37


Чарльз Хоскинсон разошелся во мнении с разработчиками Cardano

Операторы пула стейкинга Cardano столкнулись с затруднениями при обновлении узлов для развертывания хардфорка Vasil. Причиной стало недопонимание между основателем Cardano и разработчиками. Основатель Cardano Чарльз Хоскинсон (Charles Hoskinson) обратился в Twitter к операторам пула стейкинга (SPO) и децентрализованным приложениям, призвав их обновить узлы до версии 1.

2022-8-19 19:59


Cardano Founder Wants To Resurrect The Woolly Mammoth, How Does Blockchain Fit In?

Cardano founder Charles Hoskinson has shown interest in helping bring back the woolly mammoth by participating in an investment round that was just concluded. Hoskinson who was co-founder of Ethereum and later founded his own blockchain Cardano was one of the multiple investors that participated in an investment round in Colossal, to help them bring […]

2022-3-16 02:00


Фото:

Charles Hoskinson To Critics: There Are Already Thousands Of Assets Running On Cardano

Cardano creator Charles Hoskinson took to Twitter to blast critics who claimed that his forecast from July 2020 failed to materialize. At the time, Hoskinson predicted that there would be hundreds of assets on Cardano, thousands of DApps, and a series of interesting projects on the network within a year. While Cardano bulls have been […]

2021-7-6 18:04


Чарльз Хоскинсон рассказал, чем хорош Cardano

Создатель Cardano Чарльз Хоскинсон прокомментировал страх, неуверенность и сомнения (FUD), окружающие пятую по величине рыночной капитализации криптовалюту из-за её стремительного роста. Он раскритиковал критиков и скептиков за распространение слухов о том, что Cardano – это сеть призраков или платформа без реального варианта использования.

2021-3-24 12:58


Ethereum's first-mover advantage in capturing monopoly 'means nothing:' Cardano's Hoskinson

According to Cardano Founder Charles Hoskinson, Ethereum’s first-mover advantage will not be a threat to Cardano’s dominance as a blockchain. In a recent video on YouTube, the IOHK CEO revealed thThe post Ethereum's first-mover advantage in capturing monopoly 'means nothing:' Cardano's Hoskinson appeared first on AMBCrypto.

2021-2-17 19:30


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Cardano (ADA) Back in ‘Survival Mode’ Despite Whale Accumulation and DeFi Expansion Plans

This year has been a tough ride for Cardano (ADA) investors, as weakening retail participation collides with renewed development activity and aggressive accumulation by large holders. Related Reading: Bitcoin Capitulation Or Buy Zone? What On-Chain Data Shows Right Now While on-chain data points to growing long-term conviction, market sentiment around ADA remains fragile, leaving the asset caught between technical pressure and ecosystem expansion efforts.