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Jafrin Ahmed
Jul 2, 2022

Cardano Founder Features On London's Most Popular Newspaper

Cardano
Cardano founder Charles Hoskinson has been featured in Crypto A.M. Magazine, a subsidiary of City A.M., London's most-read business newspaper, according to a recent tweet from the research and development company behind the network IOHK.

Hoskinson is featured on the cover of the online magazine alongside Binance co-founder Yi He and British MP Matt Hancock, who are also staunch supporters of cryptocurrencies. In the magazine, Hoskinson sums up his plans for the Cardano network for 2022, saying:

"2022 is the year of governance. This doesn't mean we'll stop working on building a better, faster, and cheaper blockchain, but each year has a theme."

The developer names the long-anticipated Vasil hard fork as the key moment to watch out for this year. Hoskinson asserts that the upgrade expected at the end of July will boost the network's capacity and improve Plutus, its smart contract programming language.

Vasil Testnet Upgrade Nearing Launch

The Vasil upgrade is slated to bring "significant performance and capability upgrades" to the blockchain, with IOHK describing the fork as the "biggest and best upgrade to date," providing higher throughput, improved script performance for developers, and lower costs.

One of the most significant updates is aimed at improving the blockchains' scalability for decentralized applications (DApps). The update will allow faster block creation as they can be transmitted without full validation.

If everything goes smoothly, the upgrade to the testnet will take place on July 3, with the mainnet upgrade scheduled for around the end of July.

Cardano Founder Features On London's Most Popular Newspaper
Jafrin is a cryptocurrency journalist/researcher fascinated by the world of decentralization. She is hopeful towards blockchain’s innovation and its potential to reshape the world for good. Currently, she is bringing out the best of cryptosphere via covering the latest ins and outs of the blockchain space.

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