IOHK CEO Charles Hoskinson reveals an update on key projects of interest to the Cardano community

According to IOHK CEO Charles Hoskinson, there will be two more major Cardano updates by the end of November and December. Besides, he also revealed a roadmap to be set for next year and several IOHK achievements.

IOHK CEO Charles Hoskinson reveals Cardano roadmap will be set up for next year

Sharing some of IOHK’s achievements, Hoskinson pointed out that hiring more staff and strategic investments have been made in close cooperation with Runtime Verifications to launch K and Yella. Along with Marlowe and Goguen, Yella is one of the ingredients Hoskinson has said is Cardano must-have. Yella is also known as IELE and is a virtual machine (VM). It can be used by developers to create dApps in any popular programming software and, once completed, use Yella to convert and run it.

Referring to other important partnerships with Cardano, Hoskinson said:

“We hope to be able to end this year with strength. It has been a difficult year for all of us. All the world has been close. However, we come in every day and launch (projects) like crazy. Every two weeks there is a launch for something.”

At the end of the month, Hoskinson revealed that there would be full support for ADA in the Trezor wallet. Consequently, ADA holders will soon be able to benefit from full integration with Daedalus Trezor and Ledger. In the first quarter of 2021, a feature added is partial staking for Ledger and Trezor.

The CEO of IOHK said:

“I have been playing with it at Daedalus. It is incredible to see what those guys have achieved. We will have full support soon. There will be a firmware update for Trezos. I think in December and Ledger in December or January with many new features.”

It is expected that the Cardano hard fork will take place in the first week of December. An update related to token locking (voting and registration). Furthermore, this will be the first update to lay the foundation for Goguen’s infrastructure on the Cardano mainnet. In 2021, it is expected that Cardano will have two more updates. The first will provide support for multiple assets, and the second will have full support for the Plutus platform.

He stated:

“FUND III will be the first fund to have token locking involved for voter registration. For FUND III, we will also have the voting center completely built-in Daedalus. At the moment, the voting center is a mobile application. We will have the application and Daedalus (…).”

As for the updates and enhancements Cardano components will receive, Hoskinson says that IOHK has received more support from exchanges. As a result, he hopes that there will be less difficulty while deployed and less inconvenience for users without waiting months or weeks for support on these platforms. The most important news about Goguen will be released at the end of November.

Read more:

Join us on Telegram

Follow us on Twitter

Follow us on Facebook

You might also like