'There's Enough Money': Cardano Creator Calms Down ADA Community

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'There's Enough Money': Cardano Creator Calms Down ADA Community
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Cardano's creator, Charles Hoskinson, reassures community of financial solvency to fuel ambitious scaling projects - but only if ADA community supports them

Cardano's creator, Charles Hoskinson, reassures community of financial solvency to fuel ambitious scaling projects - but only if ADA community supports them, addressed concerns about the blockchain's scalability. He highlighted the availability of sufficient funds in the treasury to support an ambitious Leios, Hydra and ZK program if the community chooses to pursue it.ecosystem.

For those discussing scaling, there is enough money in the treasury to pursue an aggressive Leios, Hydra, and ZK program if the community wants to go in this direction. I'd advocate to continue the parallel approach given that we have the infrastructure and talent to do it.Another noteworthy innovation is Hydra, a layer-2 scaling solution. By creating a network of parallel processing nodes, Hydra seeks to boost transaction throughput and minimize latency on the blockchain.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.Celebrating Innovation and Collaboration: The 12th Edition Connected Banking Summit – Southern Africa Innovation & Excellence Awards 2024

Shaping Tomorrow's Banking Landscape: Celebrating Innovation and Excellence at the 12th Edition Connected Banking Summit – Southern Africa Innovation & Excellence Awards 2024

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