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Cardano [ADA]: Shelley, Gauguin and RENA protocol will add great value to ecosystem, claims Charles Hoskinson

Sarvesh Kumar



Charles Hoskinson: Talking about Cardano and related developments in the crypto-space
Source: Pixabay

Charles Hoskinson recently featured in a video and spoke about RENA protocol and its use in the cryptocurrency space. Further, he spoke about technologies already in place including, Proof of Work and its long term effects. He went on to say that every new thing that is released has an upgraded version coming out always, and there is always something to do. He added,

“Whatever version we create, there’s always going to be something more to do and something more to push out. So then that’s really the point of the roadmap is it’s kind of a living document where it collects the facts of the past and puts them there.”

The Ethereum Co-founder also spoke about Shelley and Gauguin, stating that the reason for the smooth launch of both was having a team of developers in place and the team understanding the problem, without a major lack of technological know-how. The only thing that can stop this is. uncertain death of his team or himself.

Taking about decentralization, he said, “Decentralization is not an achievable target. It’s an aspiration.”

Hoskinson also revealed his excitement AT seeing a lot of platforms building and making use of high-quality applications. Further, Hoskinson addressed the difference between Cardano’s CL and Cardano’s SL.

He added that moving user information and value between these systems is what everyone is heading towards. When it comes to Cardano CL and Cardano SL, the importance of the information being moved, identity, state info, data feeds etc, is more important, he said.

Hoskinson concluded by saying that Shelley, Gauguin, and RENA will add great value to the Cardano ecosystem.

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I am a journalist here at AMBCrypto. I cover news on prices of various coins in the crypto-verse and also work on the latest news of coins like - Bitcoin| Ethereum| Litecoin and more.