Cardano: Charles Hoskinson says hundreds of crypto projects are preparing to launch after blockchain upgrade

Charles Hoskinson says that many projects are preparing to launch on the Cardano (ADA) blockchain after his Vasil hard fork upgrade.

Cardano: Charles Hoskinson says hundreds of crypto projects are preparing to launch after blockchain upgrade

Hoskinson, the co-creator of Cardano, says in a tweet that there are hundreds of projects announcing that they will move forward using the new ADA capabilities that will be available to developers next week.

“I have seen hundreds of tweets like this. Many projects are excited to implement now.”

It refers to the project of the decentralized music streaming company NEWM, which is developing a platform to allow artists to share music among consumers and earn royalties through NFTs.

NEWM says that the Vasil upgrade will make their operations more efficient.

“What does this mean for our community? We have been waiting for Vasil to implement our smart contracts. This upgrade makes them more efficient and profitable on Cardano. The future of music is happening now! More on this soon."

In another tweet, Hoskinson praises the update's accomplishment and criticizes a news headline for saying the update came after a three-month delay.

“I'm surprised to see the passive aggressiveness in some of the headlines. We just completed a major milestone that required coordination and testing from people and companies around the world, but the news is 'delayed three months'. Journalists always tell you who they are."

The CEO of Input Output Hong Kong (IOHK) has previously said that the update makes the ADA goals seem achievable.

“We built Cardano to be the world's financial operating system. We built it to bank the unbanked. We built it as a community to give economic identity to those who don't have one so we can have a fair global market."


Sep 25, 2022

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