- Charles Hoskinson will present Cardano’s future vision during the Cardano Summit 2024, emphasizing Argentina’s importance in the project.
- The Cardano Foundation partnered with Argentina to enhance local blockchain adoption, deepening the connection between the two.
- Input Output Global unveiled 11 blockchain principles and introduced Ouroboros Peras to enhance transaction security and transparency.
Cardano founder Charles Hoskinson is set to outline his strategic vision for the future of the Cardano blockchain at the Cardano Summit 2024. The event will take place in Buenos Aires, Argentina, on Oct. 18, where Hoskinson’s keynote speech is expected to provide significant insights into the blockchain’s upcoming developments.
Cardano Summit Takes Center Stage
The keynote address is a highly anticipated moment for both the Cardano community and the broader blockchain world. Input Output Global (IOG), the organization behind Cardano, announced that the speech will be live-streamed on X and YouTube at 7:00 p.m. GMT-3. Argentina, a nation with growing blockchain interest, has played a key role in Cardano’s global outreach. This relationship deepened in June 2024 when the Cardano Foundation partnered with Argentina to promote blockchain adoption locally.
Cardano’s Strong Ties with Argentina
Argentina has welcomed Cardano’s growth, having a historical connection with the project through AtixLabs, a Buenos Aires-based development partner since Cardano’s inception in 2015. Hoskinson’s keynote comes at a crucial time as Cardano expands its presence in South America.
New Blockchain Tenets Unveiled
Recently, Input Output Global’s Chief Scientist, Prof. Aggelos Kiayias, released 11 key principles outlining how blockchain systems should operate. These tenets emphasize user-friendly features such as transparent transactions, predictable costs, and privacy protections. They also highlight the importance of fair treatment of users and contributions, long-term system sustainability, and compliance with legal regulations. These guidelines could serve as a foundation for future blockchain developments on Cardano.
In addition to the keynote, IOG introduced a new update to its consensus protocol, Ouroboros Peras, earlier this week. This extension to the Ouroboros Praos protocol seeks to improve transaction finality, a critical factor for ensuring secure and irreversible transactions on the blockchain.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
