Cardano founder Charles Hoskinson provided updates on the network's development, including XRP integration and expansion plans in Asia.
Collaborating with Other Crypto Ecosystems
Charles Hoskinson emphasized the importance of establishing connections with other crypto ecosystems. In particular, he announced that the Lace wallet will add support for XRP by the end of the year, which he believes will help bridge two of the most engaged user bases. Hoskinson also highlighted discussions with industry figures such as Ripple's Brad Garlinghouse and pro-XRP lawyer John Deaton.
Regulations on the Horizon
During his address, Hoskinson also addressed regulatory issues, noting the anticipated CLARITY Act that could reshape the approach of U.S. crypto policy. He expressed concerns about the Federal Reserve's limited oversight and emphasized that Cardano will strive for compliance while remaining true to the principles of a decentralized network.
Technical Achievements and Future Plans
Hoskinson highlighted the technical aspects of Cardano, particularly its Layer 2 solution Hydra as critical infrastructure for supporting high transaction volumes. He also introduced the Laos protocol aimed at increasing throughput without the need for sharding. Overall, his goal is to strengthen Cardano's position in the face of growing competition.
Hoskinson's remarks highlight Cardano's ambitious plans for network enhancement and expansion, including collaboration with projects while remaining adaptive to regulatory demands.
