Cardano’s Charles Hoskinson believes that they will be able to sort out all of the problems that the clients have regarding the dislike of the technology due to the latest changes. When the governance was launched, he stated that two different categories will be looked into such as the idea of updating the protocol itself which could change the entire Cardano network or consensus rules of the system.
The other category is the enhancement of the system and this could be about creating more functionality and features as Cardano’s Charles Hoskinson said, ‘’we want to create a client, we want to create a light client. We want to support a new platform like windows.’’
The corporation truly cares about the stability while the consumers care about the use case, utility and value of the token. Using voting models and treasury, the customers can accommodate both features pretty easily. The crypto expert Sydney Ifergan tweeted:
“It is good to look at it two ways Cardano (ADA) in terms of Corporation and Consumer. Each of them has different expectations on the blockchain indeed. Charles Hoskinson thinks 360 degrees!”
Caradno wants to make sure that the people will get interested in the process. Making the users participate means that you value their opinion and you want to make sure that you have high participation incentives to do so since you can end up having small tyrannies of the minority where only a small group of people will end up influencing the entire platform. For example, in a hard fork, there are only 8-10% of the people that are able to vote, and they voted for the fork. The people in Ethereum classic, for example, stated that it was not legitimate since the voting didn’t have the majority representation. It turns out that it’s not just good enough to have these systems but you also have to cover other stuff as well.
The stability makes it a good target for enterprises to create products which is what Cardano offers as well. We live in a blockchain-powered world so you are not going to have one system that has just one blockchain rule for everything but you will have many blockchains connected together that will interact. As per Hoskinson, we will live in a world where the corporations will have multiple blockchains that they are dealing with and some of the systems could be connected to a public system with a free flow of information.
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