Charles Hoskinson: Cardano Shelley Update will not be Postponed due to Coronavirus
Cardano (ADA) is working on implementation of commercial infrastructure. As the founder and CEO of Cardano, Charles Hoskinson announced during a YouTube livestream, development is on schedule.
As he stated, there will be official updates about the commercial infrastructure in the upcoming months, at the same time,making sure that the development is moving forward as planned.
Founder of Cardano mentioned: “Cardano commercially critical infrastructure are things that Cardano needs for it in our view to be competitive against other cryptocurrencies.” He noted that kind of infrastructue is intended to make sure that decentralized apps like DeFi work correctly on the blockchain.
Speaking about Shelley, Hoskinson stated that Cardano’s development team is moving forward on the next network update. In addition he mentioned that the reported bugs’ number in the Shelley testnet has significantly reduced during the previous month. At the same time, the software stability has increased.
It is worth noting that recently there were several reports that Cardano’s Shelley update will be postponed because of the coronavirus pandemic. However, Hoskinson denied the news on Twitter.
This is fake news. Take the article down now https://t.co/3car1JkYT9
— Charles Hoskinson (@IOHK_Charles) March 14, 2020