According to ADA Whale, Cardano Could Be Bigger Than Anything We’ve Seen Before in the Crypto Market.
ADA Whale, a major Cardano influencer, recently stated that Cardano is potentially more secure and decentralized than other blockchains, but users don’t get this. According to ADA Whale, when decentralized governance under the Voltaire era of Cardano’s development works out, the network will be more extensive than anything in the crypto market.
According to the project roadmap, the Voltaire era provides the final elements necessary for the network to become a standalone system. Introducing a voting and treasury system allows network participants to influence the future development of Cardano through their stake and voting rights. For the Cardano network to be truly decentralized, it needs the distributed infrastructure put in place during the Shelley era and the capacity that can be maintained and improved over time in a decentralized manner, according to the roadmap.
The total number of wallets on the Cardano blockchain has reportedly surpassed the 3.5 million wallet milestone as crypto developers work on the upcoming Vasil hard fork. Correspondingly, the number of Cardano smart contracts has reached a new milestone for the first time in crypto history. These developments come as the network moves closer to its Vasil hard fork.