Cardano Continues With Its Expansion In The Market With Its State-of-the-Art Blockchain | UseTheBitcoin
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Cardano Continues With Its Expansion in the Market With its State-of-the-Art Blockchain

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Carlos is an international relations' analyst specializing in cryptocurrencies and blockchain technology. Since 2017, Carlos has written extensively for UseTheBitcoin and other leading cryptocurrency sites; with over 2,000 articles published.

Charles Hoskinson, the founder of Cardano (ADA) and co-founder of Ethereum (ETH), decided to write on Twitter many positive things about Cardano and how they are working on their network. He mentioned that their code quality is the best in the industry and shared the number of commits in GitHub. 

Cardano Continues Expanding in the Market

Cardano, one of the largest and most promising blockchain networks in the market, is expanding at all times. Indeed, Charles Hoskinson, the founder of Cardano informed on Twitter about the latest achievements of this blockchain. 

First of all, there is a large part of crypto users that shares a lot of FUD about this project that has been developed over the last few years. Indeed, he stated in an ironic way that commits in Github don’t mean anything and that Cardano is just a simple white paper. 

He has quoted another post in which a user stated that he cannot wait for Cardano’s upgrade to Shelley, which is expected to happen in the near future. There have been over 2,600 contributions to the source code in the last week. Moreover, the number of monthly commits surged to 11k and 134k each year. 

https://twitter.com/cryptoredpin/status/1251995898277658627?s=20

Moreover, there were some users that were asking how is possible for Cardano and its community to keep up with the latest developments and commits. Charles Hoskinson answered this question on April 20 by saying that they have the best code quality and that it is the best in the industry, including heavy use of a quick check, formal specifications and more. 

On the matter, he stated:

“Our code quality is the best in the industry and includes heavy use of quickcheck, formal specifications and a dedicated QA department that has pretty exhaustive testing standards.”

Cardano’s blockchain has been growing and expanding in the last few years. Indeed, users are now waiting for Shelley and all it can offer to Cardano users. At the same time, Cardano works with a Proof-of-Stake (PoS) system that rewards stakers starting from as low as 1 ADA coin. Each ADA coin can now be purchased for $0.0348. 

This can be considered a great way to decentralize a network compared with other blockchains that require higher coins to stake or Proof-of-Work (PoW) cryptocurrencies that need users to acquire specialized and expensive mining hardware to participate on the network. 

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