Vasil’s hard fork was a success, receiving praise from the entire Cardano community. But network founder Charles Hoskinson wants more. Therefore, he said that his blockchain is about to enter a new phase of its development. An announcement that is part of his desire to build a platform that, in the long term, will revolutionize the crypto ecosystem.
Cardano (ADA) is preparing to deepen the decentralization of its network
Charles Hoskinson has reveal to the Cardano community that the network is entering a new era, called the Voltaire era. It was in an address made early on Monday, October 3, on Twitter. According to their explanation, this new era is an extension of the success achieved with the Vasil hard fork. It is aimed at developers and network users and is about improving decentralized governance. This, in order to build a model for the rest of the crypto industry. However, the official did not specify how this development will be done.
“Voltaire’s era will soon be upon us as an ecosystem. It will unlock the power of millions of Cardano users and builders. It will also show, once again, to the rest of the industry how to do decentralized governance, just like we did with Staking”.He wrote.
Members of the community welcomed this news. Many analysts suggest that this has contributed to the bullish sentiment of investors towards Cardano (ADA). On Coinmarketcap, more than 10,000 community members indicated that they expect a 37% growth in the price of ADA during the month of November.
Charles Hoslinson aims to build a model of efficiency that will serve as an example for other players in the crypto ecosystem. For this, he is considering a new development of Cardano (ADA), which will improve decentralization. He believes that this new development will usher blockchain into a new era referred to as the Voltaire era. Community members are already optimistic about such a project.
Get a summary of the news in the world of cryptocurrencies by subscribing to our new servicedaily and weekly so you don’t miss any of the essential Cointribune!
Far from dampening my enthusiasm, an unsuccessful investment in cryptocurrency in 2017 only increased my enthusiasm. So I decided to study and understand the blockchain and its many uses and pass my pen knowledge related to this ecosystem.