In combination with parameter adjustments, these features will enhance Cardano’s throughput and optimize the system to accommodate an increasing range of decentralized finance (DeFi) apps, smart contracts, and DEXs. These include key elements of our scaling plan like pipelining, new Plutus CIPs, UTXO on-disk storage and Hydra. Throughout 2022 – and focused around June and October hard fork combinator (HFC) events – we will introduce an array of scaling enhancements. “ Our February release is just the start. In a blog post published on February 28, IOG explained what changes we could expect to see in the June and October hard fork events: “ In terms of sustainability, you’d like a system that as it operates, it gets more efficient, more scalable, and has the ability to grow at an organic pace, and the system contains that same cost center and standard of performance that you come to know and love… That means you need things like Mithril… in terms of improvements in Plutus, side chains, pipelining… and there is some phenomenal applied research threads like Hydra… “ June and October are going to be great months for us because those are the months where we’re turning a lot of new features on. Not only do you get all the security, the correctness, the resilience and a great three-million person community, but you also get the best of what competitors are bringing to bear… Or at least in the same orders of magnitude. “ This year all these updates are coming that are massively improving the scalability and expressiveness of the system so that you’ll get the same type of performance you’re seeing from systems like Solana and so forth. “ In terms of commercial comparability, we focused an enormous amount of effort in the beginning of the project on correctness and scientific excellence… so we developed all of these phenomenal protocols… “ Right now, I would say commercial comparability, sustainability, and self-determination are the three big things that we are really working on. When Hoskinson was asked about his three top priorities, he replied: Hoskinson’s comments were made during an interview with Marco Monty Montemagno, the host of “InsideW3B”. In a recent interview, Charles Hoskinson, Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s research and development, explained why “June and October are going to be great months” for Cardano ($ADA).
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