Cardano (ADA) Improved version Announced by CEO Charles Hoskinson



New protocol Cardano

Through its twitter manager, the founder of the Cardano project and the ex-part of Ethereum – Charles Hoskinson, declared the most recent version of the Cardano protocol.

Version-specific details still have to be made public regarding version updates of the 1.3 protocol. The improvement is mostly because it seems to address the Daedalus portfolio and the protocol itself. Hoskinson commented that the main problems to be addressed were memory improvement and speed, and version 1.3 exceeded the quality assurance period. The declared update is set to become reality in the coming days, while the 1.4 according to the roadmap is set to enter the QA period after September 4.

Cardano ADA

Cardano was seen as a project that could move Ethereum with a better consensus approach. However, at present, the Cardano network does not align even among the most active ones. Numerous ADA owners hold their assets in the Binance portfolio, which is the richest with around 10% of ADA holdings.

The daily unit in terms of daily trx is much lower than the Cardan blockchain compared to platforms such as TRON (TRX). The network explorer shows that the blocks contain mostly one or two transactions.

Continuing, Hoskinson believes and hopes to see Cardano be the first trillion dollars cryptocurrency. With the event, it would clearly demonstrate that it is a self-sufficient financial structure. Parallel to this, ADA wants a change while it shapes the way we think about coins and use them differently. While many see ADA tokens just as a way to profit financially by selling, by buying [trading] Charles Hoskinson said he has high hopes that users will find the opportunity to use coins in real life.


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