Cardano Was Thought To Be In Kararat, It Turns Out That Nyiapin Upgrade Voltaire
JAKARTA - Long time no news, the Cardano project was thought to be dying by a number of observers. In fact, this view was denied by Cardano founder Charles Hoskinson who emphasized that the Cardano blockchain project was not dying, even though negative sentiment surrounding this project increased.
In his statement, he stressed that Cardano is on the verge of a major transformation with Voltaire updates being rolled out in September.
Voltaire upgrade is considered an important point for Cardano, bringing the ecosystem to full decentralization through the introduction of a robust voting and treasury system. Hoskinson stated that this new governance model will allow the Cardano ecosystem to be more responsive in dealing with community needs and complaints, which were previously difficult to overcome with the old governance structure.
Hoskinson also admits that criticism of Cardano is often caused by the inability of the project to adjust governance according to growing community demands. However, he is optimistic that Voltaire's update will resolve this challenge by providing a more adaptive and resilient framework.
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Transparency and integrity are also Cardano's advantages, according to Hoskinson. Unlike other projects that may use less transparent means, Cardano involves communities in every decision-making process. This, he said, often makes Cardano misunderstood by parties who prefer a more closed method.
With the new governance system, Hoskinson believes that Cardano will thrive and become one of the most advanced and decentralized ecosystems in the crypto space. Voltaire updates are expected to open up the full potential of this blockchain, although challenges remain, he believes Cardano's future will be brighter and able to prove its critics are wrong.