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Home Altcoins

Cardano’s Prism Will Outshine Microsoft – Charles Hoskinson

by Olayode Yusuff
June 20, 2020
in Altcoins, Blockchain, Cryptocurrency, General News
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Cardano’s Shelly Goes Live after a Successful Test Run in London
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The founder of IOHK and creator of Cardano, Charles Hoskinson, declares that the soon to be launched Cardano’s identity solution prism will outshine its entire competitor including Microsoft.

Hoskinson, during an interview with Messari’s Ryan Selkis, said Cardano uses Haskell, a programming language that is initially very difficult to learn, and Haskell will make Cardano outperform its competitor because it makes it possible to implement the other phases after the introduction of Shelley much faster.

He noted that Cardano had in recent year’s battled with the challenges of taking a long time to develop and recording no progress, he particularly stated that the last two years had been difficult years for the IOHK Company as their strategies failed which made the company choose Haskell.

He however emphasized the tough decision of choosing Haskell is gradually paying off, as tasks that take months to complete on the previous code are now completed within weeks. Hoskinson also said that Haskell has started giving Cardano an edge ahead of its competitors.

IOHK is set to launch the Cardano identity solution prism next month in a virtual summit, and Hoskinson went further to state that IOHK will showcase a new roadmap for post-Shelley developments at the summit.

Among the topics that would be discussed at the summit according to Hoskinson include how Cardano can be commercially used. The Cardano identity solution prism uses decentralized IDs with intentions to compete with similar products in the market.

Hoskinson said the company would do a major demonstration in the summit to show the public how they intend to get the Prism into the market and outshine Microsoft and other competitors before the end of the year.

When Hoskinson was asked how long it will take to release some other phases after the launch of Shelley, he responded that it was a mistake on the part of IOHK to have published linear development as part of its roadmap, Hoskinson thought that many development processes run side by side sighting an example that a Goguen team has been waiting for three years anticipating the launch of Shelley before they start programming.

Tags: CardanoCharles HoskinsonIOHKMicrosoft
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