Charles Hoskinson says balance check was an overwhelming success

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The long-awaited balance snapshot for Cardano's Shelley incentivized testnet was an overwhelming success.

Hoskinson, who is one of the founders of Ethereum and the CEO of Cardano's parent company IOHK, doubled down on his belief that blockchain development is a tedious process that cannot yield results without years of work being put into it.

One of the biggest developments in Cardano in the past few months has been the balance check for Shelley's incentivized testnet.

Any successful test seems to restore the community's faith in Cardano, which always seems to be on thin legs due to its slow development process.

Hoskinson, on the other hand, seems to have extremely ambitious plans for Cardano.

The release of Voltaire will happen around the same time when IOHK's contract to work on Cardano will expire.

People will be able to interact with CIPs through the newsfeed in the newly released Cardano wallets, he explained, adding that they will be transmitted as transactions on the Cardano blockchain.

Another important pursuit for 2020 will be the development of decentralized applications on Cardano.

Many viewers were interested in Cardano's plans with ADA, its native cryptocurrency.

The Cardano Foundation already supports various initiatives that focus on blockchain governance and implementation, especially in Africa.

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