🟦Cardano founder Charles Hoskinson made a bold statement at the Rare Evo 2024 conference, emphasizing the blockchain’s resilience and speed.
“Cardano doesn’t break—it’s built like a tank. But now it’s fast, so it’s built like a Lambo tank,” Hoskinson declared.
🟦Over the past seven years, Cardano has maintained an impressive track record of stability and uninterrupted operations, earning a reputation as one of the most reliable networks in the industry. Recognizing the growing demand for speed and efficiency, Cardano has introduced several technical upgrades, including the Plutus V3 smart contract platform and Hydra, a Layer 2 scaling solution designed to enhance transaction throughput.
🟦Hoskinson also highlighted the successful development of Ouroboros, Cardano’s consensus algorithm. It has been refined to address the blockchain trilemma of achieving security, scalability, and decentralization simultaneously.