Cardano Will Focus On Collaboration And Wallet Innovation In 2025
Charles Hoskinson recently shared his vision on what he wants Cardano (ADA) to accomplish in 2025, with Bitcoin-focused projects and Lace Wallet being the main focus. The wallet, currently transitioning users via Nami, is gearing up to introduce new features and broaden its global reach.
Partnerships And Governance
In addition to Lace Wallet, Cardano is making strides with Midnight, a privacy-centric blockchain designed for secure data management. The platform is also exploring potential partnerships with Ripple following recent talks with its CTO, David Schwartz.
At the same time, the Voltaire upgrade has launched a new era of decentralized governance, transferring decision-making power to the community, a move that Hoskinson has committed to supporting wholeheartedly. Last year, Cardano also conducted the Chang hard fork update, marking a significant advancement in its governance structure.
Looking Ahead
The roadmap for Cardano includes integrating Bitcoin (BTC) as previously mentioned, with plans to establish a bridge between the Cardano and Bitcoin networks. Partnerships with BitcoinOS and Fair Gate Labs are driving this initiative, with a detailed plan expected by May 2025.
Launched in 2017, Cardano is known for its scientific approach, focusing on security, scalability, and sustainability through peer-reviewed research and evidence-based methods. Cardano uses a Proof-of-Stake (PoS) consensus mechanism called Ouroboros and supports smart contracts. Its native cryptocurrency, ADA, powers transactions and governance within the ecosystem.
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