The Cardano project, which is currently working on building infrastructure for commercial use, reported,that the work is going according to plan, despite the coronavirus.
In a YouTube video, the company's CEOIOHK, the company behind Cardano, Charles Hoskinson, said that the launch of Cardano's critical commercial infrastructure will take place in the coming months and that all work is going according to plan.
“Cardano’s commercial infrastructure is needed to compete with other cryptocurrencies,” he said.
The IOHK CEO noted that the infrastructure is necessary to support decentralized applications and DeFi protocols, and to be sure that they work correctly on the blockchain.
Hoskinson also said that the teamDevelopers have made significant headway in creating the next network update called Shelley. If earlier there were a lot of errors and bugs in the test network, then in recent months their number has significantly decreased, and software stability has increased.
Let us recall that Hoskinson recently spoke about the study of Hydra sharding technology, which will increase the network throughput to 1 million transactions per second.
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