The co-founder of Ethereum and founder of Cardano, Charles Hoskinson has discussed the anniversary of Cardano and the new Cardano Rust Project earlier this week. He stated that Cardano’s Rust is the first open-source project aimed at widening the reach of the technology to bring in a bigger range of third-party developers.Hoskinson went onto explain that the project is important for several reasons. To start with he says that it will open up Cardano to the massive community of Rust developers who might not have the knowledge of Haskell or the ability to code.He continues to say:
“It proves an important point, namely that the Cardano platform stands for itself, independent of its Haskell implementation. The Rust SDK serves as a proof of concept for the fact that any language can build on the Cardano platform.”
Hoskinson was later asked what the most important factor about Cardano since it has been one year since the release of the digital currency. He said that the Rust project was something that the team was very proud of and more so saying that project was exciting for the team and is a sort of boost for the second year of the crypto. Hoskinson finished by saying that there have been several notable significant moments and accolades for Cardano since it started up a year ago. In May this year, IOHK teamed up with the Ethiopian government to explore applications of the technology in blockchain including coffee supply chain traceability.
“We also continued to drive blockchain knowledge forward through the establishment of a number of blockchain development training courses, in Barbados and Ethiopia.”
IOHK released a video earlier in the year which depicted its CEO discussing his vision for Africa with the help of blockchain technology. On many occasions, Hoskinson has been open that main purpose of joining the cryptocurrency and blockchain world was so he could work in the interest of the developing world we live in. At the time of writing, Cardano is priced at $0.796 and the total market cap is $214 billion.What are your thoughts? Let us know what you think about Cardano down below in the comments!References:AMB Crypto
Robert first came across Bitcoin in 2016 during a meetup in Belgium, and has been hooked ever since. With a background in Economics, you can find Robert frequently looking at the Twitter feed of the SEC for any regulatory updates relating to Bitcoin and Crypto in general.
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