Cardano Founder Claims that Many Institutions are Ready to Join the Network
The founder of Cardano blockchain, Charles Hoskinson, recently uploaded a new video on the dedicated official YouTube channel. The video started with important updates on the ongoing Alonzo fork deployment. Many stakeholders are waiting for the successful implementation of the testnet and reconfirmations from the pioneer Alonzo Blue developers.
According to Hoskinson, Plutus scripts will be activated on the blockchain at the end of the Alonzo upgrade. The new script dialogue will serve as a pathway for smart contracts and a vast array of DeFi applications for the first time in history. In the words of Hoskinson, there are hundreds of candidates and 1,500 fully trained developers who emerge after the pioneer program.
Cardano Faces Criticism for not Fulfilling their Promise
Last year, Hoskinson tweeted a promise for the blockchain project that would also constitute a loose road map for the blockchain. The tweet reads that there would be hundreds of tokens on the Cardano ecosystem, and thousands of DApps would be deployed. He further added that 2021 would be a monumental year for the growth and expansion of the blockchain project.
However, after a half-year went, there is some unrest found among the community. Many have been critiquing the blockchain project for lagging behind and not delivering. Responding to the criticizing threads, the Ethereum co-founder responded that the numbers are there. About $10 million worth of NFTs have been sold, and tens of thousands in crypto assets are supported by the network.
In the recently uploaded YouTube video, Charles Hoskinson claimed that with the help of community efforts, the institutional interest in ADA has always kept growing. According to him, since last year’s projections, the network has grown three times as a tremendous amount of strength has also been added with accumulation volumes. Hoskinson opines that there are no better-staking projects in the entire crypto-verse. Hoskinson attributes the success of the project to the online and social media community present on forums like Reddit and Telegram. He further added that all possible Key Performance Indicators (KPI) showcase a massive growth spurt, and with smart contracts around the corner, things could not be any better. Grayscale recently picked up Cardano for starting a new crypto fund with ADA.
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