• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Quantum-Resistant Cardano? Creator Charles Hoskinson Lays Out Crypto Agenda for the Next Five Years

April 16, 2022
in Altcoin
Reading Time: 2min read
0 0
A A
0
Quantum-Resistant Cardano? Creator Charles Hoskinson Lays Out Crypto Agenda for the Next Five Years
0
SHARES
6
VIEWS
ShareShareShareShareShare

Cardano (ADA) founder Charles Hoskinson is revealing the key areas of focus during the next phase of growth for the eighth-largest crypto project by market capitalization.

When asked on his YouTube channel during an ask-me-anything (AMA) session what the “next significant evolution of Cardano after 2022” will be, Hoskinson says that the priorities will include making Cardano resistant to quantum attacks.

There are fears that quantum computers, which are vastly superior to modern supercomputers, are a threat to crypto as they could break the encryption technology of blockchain-based assets and effectively undermine their security.

The Cardano creator also says that other priorities include merging the Minotaur protocol with Omega.

Minotaur is a blockchain consensus protocol that combines the proof-of-stake consensus mechanism with the proof-of-work consensus mechanism. Omega is an initiative to converge all the ideas that Cardano has generated over the last seven years.

“Obviously we have the open-source project. We have somehow merged Minotaur multi-resource consensus with the Omega agenda. Quantum resistance. A whole bunch of things that we didn’t get around to in the first five years.”

In December of 2021, Hoskinson revealed that Cardano had already started the process to “ameliorate the issues of quantum computers” though it was still an “academic exercise” then.

The Cardano creator also says that he has a “big special announcement” to make at the end of 2022.

“I’ve got one really big special announcement that I’ve been saving for a very long time that I will do at the end of the year that I think everybody’s going to be really excited about.”

Cardano is trading at $0.94 at time of writing.

I

Check Price Action

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp
Check Latest News Headlines

 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Liu zishan


Credit: Source link

ShareTweetSendPinShare
Previous Post

Avalanche (AVAX) Could Surpass Ethereum (ETH) Next Quarter in Terms of This Metric: Analytics Firm Messari

Next Post

Ethereum Whales Pounce on Crypto Project Backed by FTX As Chainlink, Shiba Inu and Several Altcoins Endure Outflows

Next Post
Ethereum Whales Pounce on Crypto Project Backed by FTX As Chainlink, Shiba Inu and Several Altcoins Endure Outflows

Ethereum Whales Pounce on Crypto Project Backed by FTX As Chainlink, Shiba Inu and Several Altcoins Endure Outflows

You might also like

Banks Divide RWA Rails Between Ethereum and Canton as Tokenised Market Hits $26.4B

Banks Divide RWA Rails Between Ethereum and Canton as Tokenised Market Hits $26.4B

March 10, 2026
Judge Dismisses Terrorism Lawsuit Against Binance Over Lack of Direct Link to Attacks

Judge Dismisses Terrorism Lawsuit Against Binance Over Lack of Direct Link to Attacks

March 9, 2026
Bitcoin Foundation For A Mid-Term Breakout Remains Thin, Cost Basis Data Shows

Bitcoin Foundation For A Mid-Term Breakout Remains Thin, Cost Basis Data Shows

March 14, 2026
Hyperliquid Jumps Following Margin Upgrade and 533% Oil Trading Surge

Hyperliquid Jumps Following Margin Upgrade and 533% Oil Trading Surge

March 11, 2026
Trump Meme Coin Jumps 60% After Promoters Advertise Mar-a-Lago Gala

Trump Meme Coin Jumps 60% After Promoters Advertise Mar-a-Lago Gala

March 14, 2026
Pundit Says XRP Price Could Reach $1,000 By The End Of 2026 If This Happens

Pundit Says XRP Price Could Reach $1,000 By The End Of 2026 If This Happens

March 8, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Why The XRP Price Might Crash To $0.87 Before The Bear Market Ends

Why The XRP Price Might Crash To $0.87 Before The Bear Market Ends

March 14, 2026
Solana Key Indicator Flashes First Bullish Signal Since January – Market Rebound Incoming?

Solana Key Indicator Flashes First Bullish Signal Since January – Market Rebound Incoming?

March 14, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.