Charles Hoskinson, founder of Cardano (ADA), continues to come up with various ideas aimed at improving the decentralized finance (DeFi) blockchain amid the ongoing massive developments. In this line, Hoskinson shared Cardano’s vision of owning an ADA-certified wallet.
According to Hoskinson, Cardano hopes to get rid of the original wallet and instead have a blueprint with standards in place to guide developers into releasing approved wallets, he said during a video broadcast on September 28.
Hoskinson noted that the standards set can serve as a benchmark for the rest of society when it comes to developing a functional ADA portfolio.
“We hope to get rid of the idea of a formal wallet entirely and instead have a certified versus non-certified wallet, and under the certification criteria, you can set both functional and non-functional requirements, including scaling and performance requirements for user experience. It would be really nice to create some protocols to make things happen. Go faster. That was the goal, Hoskinson says.
It is worth noting that in recent years Cardano has experienced significant growth, a factor highlighted by the number of ADA wallets. As Coinphony reported on August 3, the number of ADA wallets has crossed 3.5 million.
Meanwhile, Hoskinson noted the importance of community-centric organizations citing the need to improve blockchain.
He added, “We really like the fact that the community wants to touch the underlying infrastructure and that is the primary goal of the membership-based organization and the concept of the Technical Associate Program so you can separate requirements and specifications from actual implementations.”
This concept is in line with Hoskinson’s previous efforts to attract more developers to join the Cardano platform. As reported by Coinphony, Hoskinson said there is a need for developers, noting the amount of work going on on the network.
Some of the activities cited that require input from developers include plans to create several committees, such as the “Governance Steering Committee and the Technical Steering Committee”.
His appeal came ahead of the successful launch of Vasil hard fork which aims, among other things, to improve the capabilities of the network’s smart contract.
Vasil Hard Fork Success
To this end, Input Output, Cardano’s parent company, has released a file Modernization On September 28th regarding the promotion. By company:
“We are pleased to announce that following Vasil’s successful Sept. 22 upgrade, new features (including node and CLI support for reference inputs, inline dates, and reference scripts), along with a new cost model for Plutus, are now available on the Cardano mainnet!”
Notably, the upgrade is bullish for ADA, although the general correction in the crypto market has offset the price of the asset.
Featured image via Sea Hoskinson YouTube
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