Charles Hoskinson, Cardano’s Founder, has confirmed that Cardano 1.4 will be released on December 18. The Cardano project has caught the attention of many enthusiasts and developers in the market after releasing two new smart contract tools. The information about the release date was shared by Charles Hoskinson on Twitter a few days ago.
Cardano 1.4 to be Released on December 18
Although the market has been falling since the beginning of the current year, several projects continue to expand. Cardano (ADA) is one of these projects. In general, Cardano’s team has always been focused on real developments rather than on the price of the ADA cryptocurrency.
A few days ago, we wrote about Cardano launching new smart contract tools for developers. We explained that the new implementations are called Plutus and Marlowe and that have been launched as a test.
Now, Charles Hoskinson announced that the new Cardano 1.4 will be released on December 18th. Daedalus users will be receiving a notification on the matter next week.
About it, he wrote on Twitter:
“After seven release candidates and a huge amount of QA work, I’m pleased to announce that our best effort release date for Cardano 1.4 is December 18th. Daedalus users will get an in-client update notification next week. Thanks, everyone for your patience and support.”
After seven release candidates and a huge amount of QA work, I'm pleased to announce that our best effort release date for Cardano 1.4 is December 18th. Daedalus users will get an in-client update notification next week. Thanks everyone for your patience and support
— Charles Hoskinson (@IOHK_Charles) December 14, 2018
This is very important for the whole ecosystem because it will be the most significant update experienced by the Cardano ecosystem. It will be including amendments to the code base, more storage capacity and will lay the foundation for making Cardano a fully decentralized network.
At the same time, this project shows that price action and evolution are not important if teams are focused on development. Cardano can continue to grow without having a high price in the market and after losing its place among the top 10. Many other companies and Initial Coin Offerings (ICOs) failed to deliver working products and services during this last year.
Although blockchain technology is still on is early days, the company is doing everything that is necessary to improve it day after day. A few months ago, Micahel Parsons resigned as the Chairman of the Cardano Foundation, resolving one of the biggest problems faced by the blockchain network.
At the time of writing this article, Cardano is the 11th largest cryptocurrency. It has a market capitalization of $762 million and each ADA coin can be purchased for $0.0294 according to CoinMarketCap.
