Charles Hoskinson Speaks On Shelley Upgrade Delays And Cardano’s Team Of 50 Strong Developers

Charles Hoskinson Speaks on Shelley Upgrade Delays and Cardano’s Team

The CEO of research and development (R&D) firm – Input Hong Kong – and also the founder of Cardano (ADA), Charles Hoskinson, has recently made a few disclosures about Cardano and what he and the entire team are currently working on. Hoskinson among other things, also explained why Cardano’s Shelley seems to be taking a lot of time before its official launched.

On The Shelley Launch

Cardano followers and supporters for a while now, have been significantly disappointed because the release of the Shelley update has been postponed quite a few times. Shelley, which is a milestone upgrade for the Cardano network that ensures full autonomy and complete decentralization, had its release pushed back a few times already. Hoskinson has however spoken on the topic of the delay, explaining that before a product is fully finished and released publicly, there’s a lot of work done behind the scenes. He said:

“Generally speaking, when this happens in the industry, what happens is that the R&D phase concludes before it’s consumerized or productized … So you guys see the end result of projects [when they are already finished end-user products.]”

On The Reason Deadlines Could Easily Be Missed

Hoskinson explained that a lot of research goes into any released product anywhere and it’s very easy for people to focus on the fact that there are many “delays, missed schedules and deadlines.” Furthermore, he said that anything that is directly built on research is bound to take some time because as you continue to research, you would find that realistically, there is no guarantee that the initial deadline would be comfortably hit.

He went further to clarify that missed deadlines may not have to mean that the team behind the work is inept. In fact, there’s a high chance that the more novelty you’re trying to put into your product, the more likely you’ll miss deadlines. He then used a very interesting construction illustration to buttress his point. He said:

“There are many buildings in London…when people decided to build a skyscraper somewhere…when they started digging, they discovered corpses [among other things.]They had to bring in people to study them and [assess] how old the [fossils and other buried items] were, where they’re from, what museum do we take them, etc. Because this can be a time-consuming process, it can cause unexpected delays.”

Cardano’s Large Engineering Team

Among clarifications made by the CEO of the tenth largest crypto in the world by market cap, is an emphasis on Cardano’s openness and transparency of their development processes. He interestingly also mentioned that the team is made up of over fifty engineers. According to Hoskinson:

“If you go to [Cardano project’s] Github repositories, as many of you have done, you can see the code being committed on a daily basis. As for the question of how large is the engineering team, more than fifty full-time engineers. This can be verified from the Github repositories.”

On Cardano And Cryptocurrency Adoption

Anyone who cares even a little bit about cryptocurrency would definitely be interested in doing everything they can to advance its adoption. Hoskinson also noted that to properly help increase the use of cryptocurrency especially among people who don’t currently use it, it would be best to find a way to offer cryptocurrency as a solution to a problem. This, he remarked, would be a more effective method than trying to make people just invest money by purchasing crypto assets.

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Tolu is a cryptocurrency and blockchain enthusiast based in Lagos. He likes to demystify bitcoin stories to the bare basics so that anyone anywhere can understand without too much background knowledge and add in social research and feedback insights. When he's not neck-deep in crypto news, Tolu enjoys music, loves signing and is an avid movie lover.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


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