Cardano founder Charles Hoskinson said delays were just the nature of the game when asked about the hold-up of Ethereum<\/a> 2.0.<\/p>\n In an interview with Dan Gambardello from the Crypto<\/a> Capital Venture YouTube channel, Hoskinson said people were too focused on the short-term picture in response to Cardano\u2019s lack of dApp<\/a> offerings since the Alonzo smart contracts went live four months ago.<\/p>\n The IOHK (Input Output Hong Kong) CEO said people \u201cget caught on the narrow\u201d and professed Cardano to be a project \u201cwith over 100 exchanges, two million people, 130 dApps being built, two million assets issued on it\u201d.<\/p>\n Since the launch of Cardano\u2019s smart contracts<\/a>, only one Cardano dApp<\/a> in MuesliSwap is listed on DeFi Lama<\/a>, with a total value locked (TVL) of $1,717,279.<\/p>\n Hoskinson talked<\/a> about some of the circumstances that had led to Cardano\u2019s delays throughout its four-year journey and how it affected the project\u2019s progress.<\/p>\n \u201cWe had to rewrite the software three times, there were major changes in architecture and vendors. There were approaches taken that didn\u2019t work out, there were of course delays,\u201d he admitted.<\/p>\n Despite Ethereum<\/a> co-founder Vitalik Buterin<\/a> initially claiming 2018 would be the year Ethereum<\/a> 2.0 was rolled out, Hoskinson said delays and tasks yet to be completed were the name of the game and didn\u2019t diminish what Ethereum<\/a> had so far achieved.<\/p>\n \u201cDoes that mean everything Ethereum<\/a> has done and achieved is bad? No, it\u2019s just the nature of the game and there\u2019s things you learn along the way,\u201d he expressed.<\/p>\n The Ethereum network<\/a> is now targeting 2022 as a year it moves from a proof-of-work (PoW) mining<\/a> consensus towards proof-of-stake (PoS) one.<\/p>\n Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.<\/strong><\/p>\n \t\t\t\t\t\tEthereum 2.o delay<\/h2>\n
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