There is still a way to go and Cardano (ADA) is well set on the right track as the new year has begun. The Cardano network is just getting better every single day and the way Charles Hoskinson is shaping up the entire Cardano Platform, it looks like that in coming time ADA will for sure be in the top 5 digital assets.
Recently, Cardano (ADA) CEO, Charles Hoskinson announced that the network has acquired the support of the Trezor Hardware Wallet. The Cardano (ADA) community wanted to have this Wallet on their side and they took the news with great zeal and zest.
One of the main departments of Cardano network is Emurgo, which is one of the core components of the ADA network. The basic function of EMURGO is to assist the business enterprises to create the ADA blockchain network. It also has the task to work on the development of the Trezor Wallet integration. This would help the network to grow further and add some entrust to the Cardano Community.
In Cardano’s (ADA) CEO point of view, the most crucial aspect for the ADA network is its flexibility and self-rule in building new features without any aid from IOHK. This shows us that Cardano is now mature enough to direct its path and it also makes us clear that ADA is ready to take on the crypto world with its new inventions. The positivity from Cardano is really great and this positive mindset will help the network to cross different hurdles in its way.
So, this Trezor Wallet integration has been all done by the Cardano itself (without the help of IOHK). This is a huge booster for the ADA’s dev team and this will push them further in the market.
By the end of 2018, Charles Hoskinson in a tweet announced that the ADA network has completed the Proof-of-Stake (PoS) side chain. It is a great achievement for Cardano, entering 2019 with a bang. Cardano (ADA) is all set to thrive in 2019 and with the releasing of PoS Protocol, ADA is very enthusiastic regarding this update and is looking forward towards it.
In the paper, it was stated that one of the security features added to the sidechain (PoS) is the ‘firewall property’. This feature is set to lower the vandalization through a mechanism which will limit the failure to one side chain. If a failure in the sidechain occurs, the firewall will cancel out the transfers from the sidechains to the main chain.
Cardano (ADA) are looking further ahead with some new developments in the coming time. If ADA would keep on improving like this, it will certainly be among top 5 by the end of this year. At the moment, ADA stands on the 11th spot in the market rankings.
At the time of writing, Cardano (ADA) was trading with a price of $0.043 USD with a market cap of $1 billion and a trading volume of $27 million. In the last 24 hours, ADA had traded in green and was surging up to 2%. With all the positive news coming cross from Cardano platform, it is all set to impress the crypto users in 2019.