The Cardano founder is featured on the cover of the online magazine alongside Binance co-founder Yi He and vocal crypto supporter and British MP Matt Hancock. In the magazine, Hoskinson sums up his plans for the Cardano network for 2022.
“2022 is the year of governance,” says Hoskinson, as he clarified, “This doesn’t mean we’ll stop working on building a better, faster and cheaper blockchain, but each year has a theme.”
The developer names the long-anticipated Vasil hard fork as the key moment to watch out for this year. Hoskinson asserts that the upgrade expected at the end of July will boost the network’s capacity and improve Plutus, its smart contract programming language.
“So on the one hand you’re going to have a big throughput increase. On the other hand, you are going to have new ways of developing Cardano contracts that don’t require high throughput,” says Hoskinson.
The Vasil hard fork has been long-awaited by members of the Cardano community as it promises to usher in about 1000 DApps in development. Notably, the IOG team reached an important milestone on June 25 by completing Cardano node 1.35.0, the final node for the Vasil hard fork.
The Crypto Basic has since reported that the upgrade is set to launch on the Cardano testnet on July 3, as revealed by Hoskinson, with a mainnet launch expected at the end of the month.
Notably, in 2022, crypto creators have seen increased recognition by mainstream publications. For example, in April, Ethereum’s Vitalik Buterin covered TIME magazine as he discussed his dreams for the crypto space.
At the time of writing, ADA, Cardano’s native token, is trading at the $0.4468 price point. It is down 2.71% in the last 24 hours and 11.12% in the last seven days. It is the 7th largest crypto asset by market cap.