Cardano’s Goguen roadmap scheduled for release in late-October - OhNo "WTF" Crypto

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Cardano’s Goguen roadmap scheduled for release in late-October

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CEO of IOHK Charles Hoskinson, in a recently concluded surprise AMA, addressed viewers and provided the community with important updates on the much-anticipated Goguen Roadmap which will reportedly be released on 29 October.

According to Hoskinson, Goguen will be released in a series of updates and hard fork events, each of which will add another layer of functionality to the system. Similar to Shelley, it will go through in stages, with more announcements on the same scheduled to be revealed towards the end of the month.

Hoskinson said,

“Goguen is a spectrum – already part of it has been delivered and we’ll be delivering more parts soon”

Drawing on recently added functionality, the Founder of Cardano revealed that metadata was the first Goguen-era functionality to be implemented. This update allows off-chain applications to start using the Cardano blockchain and has directly resulted in 30 commercial deals in the pipeline.

Using the credential management deal in Georgia as an example, Hoskinson claimed that its 50,000 users per year were a direct result of metadata. These hard fork combinator events, described by Hoskinson as the “bread and butter,” will lead to more capabilities like multi-asset and extended utxl, while also gradually increasing the overall programmability.

Parallel to the Goguen development is Shelley’s further development, and with partial delegation and tuning economic parameters currently in the works, Cardano anticipates many ongoing releases every month.

These ongoing developments come following the announcement of the contract with Runtime Verification to restart work on IELE – allowing developers to write DApps in popular languages and convert them so that they can be executed on the Cardano platform. IELE also supports Solidity, making porting from Ethereum to Cardano easy.

The Founder of Cardano concluded the AMA by underlining his optimism about the future,

“Every month we’re gonna have hundreds of projects. We talk about adoption – we’re gonna blow everybody out of the water.”



OhNoCrypto

via https://www.ohnocrypto.com

Samyuktha Sriram, @KhareemSudlow