Watch out for the Next Two Months! Cardano Co-Founder Likens ADA to a Time Bomb

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Charles Hoskinson, Cardano co-inventor and Ethereum alumnus in a recent tweet to Cardano users said that with the recent developments happening in the Cardano ecosystem, the next two months will certainly be explosive and impactful for the crypto asset.

Cardano has made remarkable progress this year. At the time of writing, ADA trades at $0.061, gaining nearly 4.6% in the last 24 hours.

Barely a few weeks after Cardano launched Shelley incentivized Testnet, the Cardano ecosystem achieved another monumental feat which is the efficient deployment of Ouroboros Byzantine Fault Tolerance (OBFT) protocol.

This hard fork moves the Cardano blockchain close to Shelley which will initiate a Proof-of-Stake (PoS) consensus algorithm. Also, this latest update makes Cardano, a fully decentralized blockchain.

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