$ADA: Is Crypto Space ‘Ready for What Cardano Is Getting Ready To Deliver’?admin
On Monday (June 13), Dan Gambardello, Founder of Crypto Capital Venture, hinted that he expects Cardano is going to surprise more than a few people in the crypto space with the enhancements and/or apps it is promising to deliver in the coming weeks/months.
Earlier today, Gambadello, who is a huge fan of Cardano, the host of the very popular YouTube channel “Crypto Capital Venture“, and a respected member of the Cardano community, told his over 230K Twitter followers:
On June 1, one highly popular pseudonymous Cardano ($ADA) whale, listed 20 hotly-anticipated upcoming Cardano features and Cardano-powered projects.
Of course, as everyone in the Cardnao community knows, on June 29, the Vasil hard fork will go live on the mainnet. Charles Hoskinson, who is Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s research and development, talked about why he is excited about the Vasil hard fork in a video released on his YouTube channel on April 12.
“As many of, you know, a major major major hard fork combinator event is happening in June, which is the Vasil hard fork, and that is going to contain pipelining, which will be a massive performance improvement to Cardano, alongside the first wave of significant Plutus enhancements since Plutus shipped in September.“
On February 1, John Woods, Director of Cardano Architecture at IOG, published a blog post, in which he introduced pipelining:
“Pipelining is, effectively, an evolution in Cardano’s ‘plumbing’. It is a key element in our scaling plan this year, one in the series of published steps covering our methodical approach to flex Cardano’s capacity as the ecosystem grows…
“Pipelining – or more precisely, diffusion pipelining – is an improvement to the consensus layer that facilitates faster block propagation. It enables even greater gains in headroom, which will enable further increases to Cardano’s performance and competitiveness...
“Pipelining is just one of the pillars supporting Cardano’s scaling this year. Combined, all these changes will lead Cardano to a position where it is faster than its competitors, and a highly competitive platform for decentralized finance (DeFi) this year.“
As “ADA Whale” (“cardano_whale” on Twitter) explained on June 1, the Vasil hard fork combinator (HCF) event will deliver enhancements such as “reference scripts (point to script on-chain instead of constantly reloading it)…, reference inputs, inline datums, collateral, core interpreter speed increases, diffusion pipelining,” which means that “L1 throughput becomes one of best in crypto.”
And here are a few of the Cardano projects he mentioned:
Featured Image by “Quantitatives” via Unsplash