News

Cardano will eventually become “a network of blockchains,” says Charles Hoskinson, CEO of Cardano

Array
Cardano CEO said Cardano will become "a network of blockchains" in the future.

In the long run, Cardano will develop into “a network of blockchains,” according to Charles Hoskinson, Co-Founder and CEO of IO Global (also known as “IOG,” formerly known as “IOHK”), the organization behind Cardano’s R&D.

In a video made available on Tuesday (October 25), Hoskinson predicted that the Cardano blockchain will become “a network of blockchains” in the future. Hoskinson noted,

“Cardano will eventually be a network of blockchains so it’s not just going to be Cardano, but when you think about the sidechain side of things, there’s potentially going to be dozens, potentially hundreds of sidechains running in parallel all tuned to pacific things.”

In addition, Hoskinson said that Cardano is like ‘The Borg’ going around and absorbing technology, and that every sidechain is a blockchain and blockchain partnership.

Tags

Roland is a Public Relations & Communications guru with an immense passion for the blockchain and crypto industry. A fusion of his expertise and passion led to the dawn of Optimisus in 2020.