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Charles Hoskinson says Cardano wants a ‘certified wallet’ to make things run faster

Charles Hoskinson says Cardano wants a ‘certified wallet’ to make things run faster
Paul L.

Cardano (ADA) founder Charles Hoskinson continues to front different ideas aimed at improving the decentralized finance (DeFi) blockchain amid the ongoing massive development. In this line, Hoskinson has shared Cardano’s vision for having a certified ADA wallet

According to Hoskinson, Cardano hopes to get rid of the original wallet notion but instead have a blueprint with set standards to guide developers in releasing certified wallets, he said during a videocast on September 28.

Hoskinson pointed out that the set standards can act as a benchmark for the rest of the community in developing a functional ADA wallet. 

“We hope to get rid of the notion of an official wallet altogether and instead have a certified wallet versus non-certified, and under the certification standards, you can put functional and non-functional requirements, including benchmarking and performance requirements for user experience. It would be really cool to build some protocols to make things run faster. That was the point,” said Hoskinson. 

It is worth pointing out that in recent years, Cardano has experienced significant growth, a factor highlighted by the number of ADA wallets. As reported by Finbold on August 3, the number of ADA wallets had surpassed the 3.5 million mark. 

Importance of community organizations

At the same time, Hoskinson hailed the significance of having community-centered organizations singling out the need to improve the blockchain. 

“We really love the fact that the community wants to touch core infrastructure and this is the whole point of the members-based organization and the concept of a technical fellows program so you can separate requirements and specifications from actual implementations,” he added. 

The concept aligns with Hoskinson’s previous push to have more developers join the Cardano platform. As reported by Finbold, Hoskinson said the developers are needed citing the amount of work ongoing on the network. 

Some of the cited activities requiring developers’ input include the plans for the foundation of multiple committees, such as “the governance steering committee and technical steering committee”. 

His plea emerged before the successful rollout of the Vasil hard fork that seeks to improve the network’s smart contract capability, among other functions. 

Vasil hard fork success

To this end, Cardano’s parent company, Input Output, issued an update on September 28 regarding the upgrade. According to the company: 

“We’re pleased to announce that after a successful Vasil upgrade on September 22, the new capabilities (including node & CLI support for reference inputs, inline datums, reference scripts), along with a new Plutus cost model, are now available on the Cardano mainnet! “

Notably, the upgrade is considered bullish for ADA, although the general crypto market correction has outweighed the asset’s price


Featured image via C.Hoskinson YouTube

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