Cardano (ADA) Charles Hoskinson on Fast Evolution and Feature Richness

By dan saada February 29, 2020 Off
Cardano ADA Charles Hoskinson

Ivan, when speaking to Charles Hoskinson, stated whenever I speak to corporations, they are always afraid that the platform would change tomorrow and that they will start building.

Then it will change, and then some department will have to maintain it, and then they will have to switch infrastructure, and now Cardano might also shift to something in the future. 

So, how are you thinking about this issue when you pitch your ecosystem? Will Cardano Clients have to do a lot of work to switch with time?

Cardano (ADA) Charles Hoskinson on Platform Stability

Charles Hoskinson, replied, “If the number one concern of several systems is platform stability, then you pick the guys that tend to stay the same forever. If your number one concern is fast evolution, feature-richness, and being able to capture emerging technology, then you have to tolerate the fact that for every six months to a year, there is going to be something changing.

So, this is certainly a barrier for adoption, and this is something I am deeply concerned about.

Sydney Ifergan, the Crypto Expert, tweeted:  “Cardano (ADA) Charles Hoskinson is right about change and evolution in platform technology.  Change tolerance is crucial to improve feature richness.”

This is why I think the Cardanos and the pesos and the dashes of the world have built-in advantages over Ethereum’s in the long term.

Cardano (ADA) Charles Hoskinson Social Contract with a Process that Works

That is a social contract, and the system will change in a deliberate, predictable, systematic, and slow way. As opposed to contentious hard forking way.

You know we have a Bitcoin Cash, Ethereum Classic, and Ethereum style scenario. And, certainly, you know that there is a plan and there is a governance system to carry out that plan.

In many cases, the companies will become members out there. Companies are not necessarily afraid of change like predictable changes like where web standards are involved, or fast web browsers are involved. Companies are afraid of unpredictable change.

If there is a process and there is an explanation for how the process works, and if it does work you are going to know ahead of time, and then there is a way that you can upgrade and sort of plan of lessons and backward compatibility and if you have all that then they feel great. Charles Hoskinson feels that such concerns can be sorted with due governance.

  • 16