Charles Hoskinson, the founder of Cardano, provided updates on the blockchain platform during a recent live Ask Me Anything (AMA) session. He discussed the progress made and announced the imminent release of the Chang hard fork.
Hoskinson began by reflecting on Cardano’s journey thus far, acknowledging the challenges faced, particularly in governance. Despite these challenges, Cardano has made significant progress, including the completion of all elements of CIP 1694, which took about two years. This achievement is crucial for advancing Cardano’s infrastructure.
Hoskinson highlighted the upcoming release of node 9.0, which is essential for the Chang hard fork. This new node, following version 8.2.2, has been refined for compatibility and stability. It is expected to be rolled out next week. The Chang hard fork will mark the transition to the Voltaire phase, emphasizing governance and community engagement.
Looking ahead, Hoskinson discussed the plans for Cardano under the Basho era, which will focus on scalability and network optimization. He emphasized the importance of community input to address various trade-offs in data handling. Milestones such as Plutus V3, Hydra, Leios, and Mithil are strong candidates for the next governance vote, which will determine the final state of Basho and resource allocation. This vote will further highlight the shift towards a community-driven development model.
Reflecting on Cardano’s evolution over the past decade, Hoskinson noted the growth of the community and its increasing control over the platform’s development. He sees this as evidence of Cardano’s maturation into a leading blockchain platform.
Despite some technical difficulties during the AMA session, Hoskinson promised to continue the conversation from his office on Monday.
At the time of writing, ADA was trading at $0.366.