Cardano (ADA) nearing release of Shelley and Goguen updates according to Hoskinson
- Charles Hoskinson, the CEO and founder of Cardano, was speaking in a AMA session about pending projects.
- He noted that the Goguen and Shelley updates are getting very close to their launch.
Cardano founder and CEO Charles Hoskinson recently in an AMA session, spoke about the development of Shelley and Goguen. He noted that they are decoupled from each other, in which separate teams str working independently on the two updates.
He went on to detail that there is smart contract functionality brought by Goguen ”can be done whether the system is centralized or decentralized”, indicating the Goguen update can essentially take place to be rolled out even if Shelley would face delays.
Hoskinson did however note that it would be better to deploy the smart contract functionality in a decentralized capacity, this will minimize liability. Hoskinson noted this is something that will be done anytime soon.
He said:
And we’re getting very close to actually being ready for Goguen, so this year both of those releases will come out and they will just get iteratively better as the year goes on.
Author
Ken Chigbo
Independent Analyst
Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.
