IOHK announces updated roadmap for Cardano
IOHK, the parent company of the Cardano and Ethereum Classic blockchains, announced the new and updated Cardano roadmap.
Announced months ago by its CEO, Charles Hoskinson, the new roadmap will offer a clear vision of Cardano’s future and recap all of the work that has been done on the project.
Sharing the completely redesigned roadmap for Cardano
Input Output Hong Kong, the brainchild of Ethereum co-founder Charles Hoskinson, released a new and updated roadmap for Cardano. Believed by many to be the “future of blockchain,” Cardano promises to be “100 times more decentralized than Bitcoin” once it’s completed.
IOHK first announced the news in a June 5 tweet, which was then detailed in a blog post on the Cardano forum. According to the blog post, the new roadmap charts the company’s progress towards their “Cardano 2020” vision.
Today, we're very pleased to share our completely redesigned roadmap, charting our progress towards the Cardano 2020 vision. Here's where we'll keep the community updated over the months ahead https://t.co/t1kjKY09lk #Cardano #CardanoCommunity #Blockchain
— Input Output (@InputOutputHK) June 5, 2019
It offers a clear definition of Cardano eras—Byron, Shelley, Goguen, Basho, and Voltaire, all integral parts of the Cardano project. The roadmap outlines key themes and detailed functional components for each of those eras, explaining how they fit together and what will be delivered in each one of them.
While the roadmap did provide the Cardano community with better insight into the company’s progress, many were left disappointed in the lack of new information that was given.
An updated, detailed timeline aimed to provide more transparency
IOHK said that the new roadmap will be an “important content hub, curating information and communications on Cardano’s evolution.”
While Cardano’s Shelley update has been one of the most talked about topics in the blockchain community, Cardano’s Goguen era will be what brings mass adoption to the platform. In the roadmap, IOHK said that work for the Goguen era of Cardano has already begun and is being done parallel to Shelley.
The goal for Goguen is to bring seamless smart contract integration into Cardano, as well as improve Plutus, a functional programming platform built into Cardano. The new roadmap also announced that Marlowe, a domain-specific language based on Plutus, is also in the final stages of development.
According to the company’s blog post, IOHK will be adding new content on Goguen, Basho, and Voltaire in the following weeks. This could put the part of the community that was hoping to get more concrete information at ease, as there is currently no information on Basho and Voltaire in IOHK’s roadmap.
Apart from that, a mobile-optimized website, as well as Japanese, Korean, and Chinese language versions will also be rolled out in the next month.
Cardano Market Data
At the time of press 2:21 am UTC on Nov. 7, 2019, Cardano is ranked #12 by market cap and the price is up 1.22% over the past 24 hours. Cardano has a market capitalization of $2.18 billion with a 24-hour trading volume of $156.61 million. Learn more about Cardano ›
Crypto Market Summary
At the time of press 2:21 am UTC on Nov. 7, 2019, the total crypto market is valued at at $250.93 billion with a 24-hour volume of $68.76 billion. Bitcoin dominance is currently at 55.28%. Learn more about the crypto market ›