Charles Hoskinson, Founder and and CEO of Input Output HongKong (IHOK), the parent company of Cardano (ADA) has announced that the Shelly Hard Fork is in 5 days time ( 4 days as of time of writing) after initiating an update proposal to the Cardano (ADA) Mainnet network. The Hardfork will move the blockchain from its previous Byron Network to the newly developed Shelly Mainnet network, Charles describes this as a phenomenal time to be in. He assured that that the Fork would occur on the 29th of July without any disturbance or distortion.
“The Skies are blue, the weather is good and we’re now counting down toward the launch” Charles said regarding indications of the launch.
He points out that the softwares has been tested and bugs found were fixed, he also thanks Cardano exchange partners, the Cradano community, The stakepool operators and every other believer for their support.
Cardano’s Goal since Inception
Charles points out that since inception of Cardano in 2015, the “dream” has always been about perfecting and delivering promises that Bitcoin had through evolving over time to meet the demands on mass adoption. Charles explained that this is already happening with Cardano and he said that Cardano is the best Cryptocurrency out there as at now.
ADA’s Price Responds To News
ADA’s price was reportedly 0.12223 at the moment Charles started streaming on YouTube. As at time of writing , ADA is priced at 0.1302 on Binance exchange and is ranked at No 7 with a market cap of $3.3M according to Coin Market Caps data.
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