The eleventh largest cryptocurrency by market capitalization, Cardano (ADA), is like an ‘iceberg’ with a big impact expected soon. At least those are the words of Charles Hoskinson.
In a Tweet On February 22, the co-founder of Cardano Hoskinson, who is also a student of Ethereum, told the Cardano community to prepare for something big that will come in the coming months.
The next two months are going to be wild!
In his tweet, Hoskinson recounted how he met with his product managers to discuss Cardano's progress so far, new ideas and also what will soon happen in the market. After these discussions, he noted that Cardano is like an iceberg.
To put things in a simpler context, Hoskinson opined that there are many developments happening behind the scenes in the Cardano ecosystem. And like an iceberg, a great impact is needed. He presumes that the next two months will be "wild".
The best part of my day is when I have a chance to chat with my product managers about our progress, new ideas and what’s coming to market soon.
Cardano is like an iceberg. There is so much you don't see, but will soon have a huge impact. Next two months are going to be wild!
– Charles Hoskinson (@IOHK_Charles) February 22, 2020
Recently Cardano successfully implemented the Ouroboros Byzantine fault tolerance protocol (OBFT). This hard fork brings the Cardano block chain to Shelley, which will introduce a stake test consensus (PoS) algorithm. In addition, this update is a springboard to change Cardano to a fully decentralized blockchain.
In particular, the successful deployment of OBFT is a great feat and occurs only a few weeks after Cardano launched the Shelley incentivized testnet. This testnet confirmed that Cardano can effectively reward users with real ADA once the She Shelley era ’is finally here.
