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$ADA: Charles Hoskinson Hopes to See a ‘Certified Wallet’ Notion on Cardano

Cardano ($ada) creator charles hoskinson has revealed that the development team behind the network is hoping to have certification standards to create the notion of a “certified wallet” versus non-certified wallets.

During a video shared with the Cardano community, Hoskinson pointed to a set of standards that act as a benchmark for the rest of the community in the development of an ADA wallet, while addressing a proposal meant to speed up the synchronization times of the Deadalus wallet. Hoskinson said:

We hope to get rid of the notion of an official wallet altogether and instead have a certified wallet versus non-certified, and under the certification standards, you can put functional and non-functional requirements, including benchmarking and performance requirements for user experience.

Hoskinson’s words came as he pointed out that it’s important to have community-centered organizations working to improve the Cardano blockchain, noting that the developers “love the fact that the community wants to touch core infrastructure and this is the whole point of the members-based organization and the concept of a technical fellows program so you can separate requirements and specifications from actual implementations.”

The Cardano network has been rapidly growing over the last few months. As CryptoGlobe reported, Cardano has seen its social activity surge to a new all-time high after the network successfully completed its Vasil hard fork, which brought to the network faster block creation, and upgrades Plutus smart contracts for increased efficiency while allowing decentralized applications to deploy and run at lower costs.

Notably, cryptocurrency investment products offering investors exposure to Cardano ($ADA) have seen their eighth consecutive week of inflows, with an additional $100,000 being invested into these products last week.

Cardano has seen $14.4 million of inflows, making it more popular than other altcoins including Litecoin ($LTC), which saw $2.8 million of inflows over the same period, and $XRP, which saw $9 million of inflows.  Earlier this month, institutional investor bets on ADA quadrupled in a single week.

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 9/29/2022

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