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Cardano blockchain has been running smoothly for a record 5 years
Charles Hoskinson, co-founder of Cardano ADA $0.41 Cardano 1.87% Market capitalization $14.7 billion VOL. 24 hours $32.69 million and CEO of Input Output Global (IOG), has once again praised his own blockchain, calling it a «foundation of trust» for the entire cryptocurrency industry.
Speaking at the Cardano 2023 summit in Dubai, Hoskinson outlined the development path of his brainchild and offered his own vision of the future community management and the introduction of innovative technologies in the Cardano ecosystem.
«Very recently, Cardano was very small, but we had a big vision,» Hoskinson said. «…if you think about what we’ve accomplished in the last seven years… it’s impressive, and we're just getting started.»
Hoskinson emphasized the extraordinary resilience and reliability of the Cardano blockchain, which has been operating for five years without a single failure.
«The fact that [мережа] Cardano has never crashed in 5 years, has always worked 24 hours a day, 7 days a week, has become the root of the trust of the entire cryptocurrency space… There is no better engine, no better code than what we wrote,» the father of Cardano added.
During the summit, Hoskinson introduced a new framework called «Partner Chains» that promises to «revolutionize the way new blockchains are launched and monitored.» The innovation combines modular blockchain technology with Cardano’s well-known attributes of security, liquidity, and reliability.
Hoskinson emphasized that the new framework will allow developers and validators to leverage Cardano’s core strengths and apply new blockchain technologies to create optimized partner chains.
On Monday, November 6, Charles Hoskinson’s native blockchain coin ADA $0.41 Cardano 1.87% Market capitalization $14.7 billion VOL. 24 hours $32.69 million was trading at $ 0.3459, up more than 3.7%. The total number of coins circulating on the market is $ 12.2 billion, and traders have made daily trading deals worth $ 324.2 million, an increase of almost 56%.