"Currently, Cardano has one billion members instead of millions," said the ADA founder
Charles Haskinson, founder of Ramardo Cardano (ADA), estimates that the Cardano ecosystem has one billion members worldwide, instead of millions of users. Remarkably, IOG is a company created in the context of Cardano's smart contract development and run by Charles Haskinson.
He pointed to the need to redesign the Cardano smart contract model because of its billions of users.
"The key is to figure out how the Cardano network should expand and expand. Currently, the Cardano ecosystem has one billion members instead of one million. What can we do to provide a sustainable financial platform for it? "
In addition, according to Haskinson, Cardano's team plans to rebuild the entire smart contract pattern. First, this is done to further secure the template to avoid previous incidents in which billions of dollars were lost from users' budgets due to the hacking of insecure applications. Second, the pattern is unsustainable, meaning that transaction costs are predictable and that Cardano's fees are high.