Cardano, a famous blockchain product, continues to excite its shareholders with its recent roadmap for the future. Even their competitors are getting shivers when they read the roadmap. Cardano is promising more and better releases before the end of 2018. Surely, the cryptocurrency must be one of the most hopeful blockchains in the world today. But, are there any pieces of evidence to justify this claim? Well, there are reasons to believe that they are currently setting the trend, and it’s just a matter of time before they top the performance list. Here are the obvious justifications:
1. Decentralized POS
In September, Cardano released decentralized POS (Proof of Stake) tokens for its stakeholder. Since their launching, the tokens have stirred excitement in the staking community. The tokens are easily delegated to the Cardano staking pool as investment. This clearly shows that the cryptocurrency is dedicated to give the stakeholders a powerful and practical decentralized database.
2. Multi-Signature System
When a blockchain merges with the banking sector as Cardano did, many people wonder how issues to do with the joint accounts will be solved. To handle the challenges, Cardano is currently implementing a system for multi-signature transactions. The system will be activated when both parties agree. At the moment, the implementation is at 35% but Cardano promises to complete it before the end of the year.
3. Paper Wallet
There are rumors that Cardano will move to paper wallet and that they’ve partnered with Genesis Vision (GV) and so payments via the cryptocurrency will be enabled through GV. If the rumors are really true, stakeholders should expect to keep their Ada coins longer offline.
4. Incentive Scheme
On the roadmap, Cardano mentions an incentive plan for rewarding the best performers. In this case, participants for the Cardano staking pool should expect more returns from their tokens. However, they will need to perform at a higher level to reap better returns. This means putting more stakes in their block contributions. Nonetheless, the plan is still being evaluated carefully as there will be people that will try to take advantage of uneven rewards and compensations. Although the implementation is still down the road, it is signifies a good intention on the part of Cardano developers.
Bottom-line
Looking at the above-listed points described on the Cardano roadmap, it’s evident that the cryptocurrency is on course to top the cryptocurrency chart soon. The prospects are higher and 2018 is the stepping stone to their inevitable elevation. When it happens, it will be a win-win for the cryptocurrency and for the stakeholders.
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