- Cardano is an ecosystem that seems to have a billion users over the world.
- Hokinson decided to rebuild the whole smart contract model.
Charles Hoskinson has mentioned that the Cardano (ADA) ecosystem seems to have a billion users over the world, instead of millions of users. Furthermore, Hoskinson is the CEO of Input-Output Global (IOG) who created the evolving smart contract platform Cardano (ADA).
Hoskinson mentioned that the notable focus to serve billions of users is the reason behind the team’s decision to redesign the smart contract model of Cardano.
Hoskinson adds,
„Scopul lui Cardano este să întrebe: „Unde trebuie să mergem? Ce trebuie să facem pentru a avea un ecosistem cu un miliard de oameni, nu un ecosistem cu un milion și să putem oferi în mod durabil un sistem de operare financiar pentru asta?'”
Even more, Hokinson explained that they decided to rebuild the whole smart contract model. Firstly, this is because it is not safe and billions of dollars of users’ funds have been lost due to the hacking of unsecured apps. Secondly, it is not sustainable, which means cost predictability and high gas fees that the applications contain.
Cardano Smart Contracts Model Attracts Millions of Developers
Contract inteligent model of Cardano has the capability of handling millions of developers across the world. There are 80,000 Solidity developers and 25 million Dot Net developers, Java developers, and many more.
Moreover, he said Ethiopia took them over four years to negotiate, during a civil war. Despite being listed in the bottom 5% of countries for ease of doing business, Ethiopia closed a deal with Cardano. Best of all, the deal between Cardano and Ethiopia could benefit five million people in the country. However, these 5 million people are expected to grow to over 20 million people in the future.
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Source: https://coinquora.com/cardano-looks-to-have-billion-users-not-million-says-hoskinson/
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