![]() We actually have a foundation of regulation that’s not intrusive and allows us to innovate as an industry.” ![]() ![]() My hope is over the next 12-24 months if we all work together we can finally get something passed and then it’s done. And it didn’t bias it towards one crazy standard or another and a lobbyist hasn’t gotten hold of it and turned it into some toxic monster that only benefits one actor over another… It’s an example of where Washington actually did listen to the industry. The upgrade is scheduled for late June.īesides Cardano, Hoskinson also says that the recently released crypto regulation bill by US Senators Cynthia Lummis and Kirsten Gillibrand, the Lummis-Gillibrand Responsible Financial Innovation Act, is a “massive step forward” for the industry. ![]() The Vasil upgrade is aimed at increasing the scalability of Cardano and improving the blockchain’s smart contract language, Plutus. It’s taking a bit more time but we figured that the abundance of caution is well rewarded these days.” ![]() A massive amount to do, a huge amount of testing to do.Īfter the collapse of LUNA, we decided to add an additional test harness to what we’re doing and think really carefully about some things. “Our engineers are deep in the weeds right now and working real hard on Vasil. ![]()
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