Here Comes ‘Shelley’: ADA Price Excels With Cardano Upgrade Inbound
Cointelegraph
Published Jun 20, 2020 03:00AM ET
Updated Jun 21, 2020 05:00AM ET
Cardano (ADA) has seen its value increase by around 50% since May 25. This recent value hike comes in the wake of project co-founder Charles Hoskinson revealing the roadmap for Cardano’s much-hyped “Shelley” upgrade via a YouTube podcast hosted by crypto pundit Lark Davis, also known as Cryptolark.
As part of the aforementioned upgrade, the Cardano ecosystem will transition from being a centralized network to a distributed one. In regard to the matter, Hoskinson stated: “This is like Ripple changing its consensus protocol. [...] No cryptocurrency has really done this to this scale after they’ve rolled out.”
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Written By: Cointelegraph
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