Just before the final day of the Cardano (ADA) Summit, which took place last week in Seoul, Korea, Charles Hoskinson, Cardano’s co-founder and CEO, was interviewed by the South Korean news outlet, Yonhap. In the interview, which was translated and paraphrased by the editor of the site, he said that smart contracts could eventually be implemented on Cardano’s blockchain.
The cryptocurrency community is abuzz about Cardano, a new blockchain project seeking to develop a smart contract platform. Led by Charles Hoskinson, the former chief technology officer of Ethereum, the project is currently in its pre-sale stage.
Read more on https://cardanohoskinson.com/2017/06/06/etherum-smart-contracts-on-cardano-says-charles-hoskinson/. Read more about cardano smart contracts launch date and let us know what you think.
- Cardano smart contracts are based on Ethereum smart contracts.
- dcSpark’s mission is to provide essential products and solutions for leading cryptocurrency projects.
- The DcSpark was founded by Nicolas Arqueros and Sebastien Guillemot in April.
Charles Hoskinson, CEO of IOG and King of the Rats, just retweeted that Ethereum smart contracts on Cardano are possible.
Cardano smart contracts on Ethereum! I’m glad someone is diving into that pond https://t.co/DH9D1v4ahh
August 25, 2021 — Charles Hoskinson (@IOHK Charles)
Hoskinson also retweets the dcSpark announcement. dcSpark is also a cryptocurrency ecosystem creator. In fact, the platform is a product-related blockchain company dedicated to the development of essential goods. As well as solutions for the industry’s leading crypto ventures.
DcSpark Lead Engineer Nicolas Di Prima discusses the massive increase in Cardano smart contract usage on YouTube.
The DcSpark was founded by Nicolas Arqueros and Sebastien Guillemot in April. More importantly, Ethereum and Cardano work together much better than they do alone. This makes Nicola think it’ll be fascinating to watch how this all works out in terms of putting those two things together.
Overall, it will be fascinating, and what will be interesting is that people will not attempt to write to a new blockchain where they will have to purchase in, such as exchange tokens or the kind of thing we want.
Everyone wants Cardano to be the primary fuel source, therefore consumers must pay to utilize the smart contract.
The Cardinal Cardone family has a long history. This is essentially a secondary chain with its own set of relative security assurances. However, it has a native utility in the form of ADA, which is based on Cardano.
Users will have a rough notion of when this will be in its complete shape for people to actually utilize and deploy on in the future, when it is released. Furthermore, the platform intends to have a private test net by the end of September, a more public test net by the end of the year, and a rollout early next year.
Charles Hoskinson, CEO of IOHK, and an original founder of Ethereum, recently told the following: “Cardano is in a unique position in that we can do something that’s never been done before, which is make smart contracts more secure, more efficient and more scalable.”. Read more about cardano smart contracts language and let us know what you think.
Frequently Asked Questions
Does Cardano support smart contracts?
Yes, Cardano does support smart contracts.
What is Cardano Charles Hoskinson?
Charles Hoskinson is the co-founder of Cardano, a decentralized platform which uses peer-to-peer technology to operate without any central authority.
Is Cardano and ethereum competitor?
Cardano is a decentralized public blockchain and ethereum is a platform for smart contracts. They are not competitors as they serve different purposes.
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