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Cardano 2024 Roadmap Unveiled: A Quick Summary OF DAPP Central's Latest Video

Updated: Jan 4

Welcome Cardano family! I just finished watching Dapp Central! If you have not subscribed to their channel you need to. Top 3 Cardano infulencer if you ask me. In a recent video, Dapp Central provided an in-depth overview of the Cardano 2024 roadmap. This blog post offers a concise summary of the key points discussed in the video. For detailed insights, you can watch the original video.



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These articles are for pure entertainment.  THIS IS NOT FINANICAL ADVICE. Please do your own research!


Founding Entities of Cardano:


Cardano is driven by three key entities: the Cardano Foundation, EMURGO, and Input Output (IOG). Each plays a unique role in advancing the Cardano ecosystem. The Cardano Foundation focuses on the public digital infrastructure, EMURGO drives adoption through solutions and ventures, and IOG is the research and development arm committed to accessible financial services.


(Want more details about the information in this blog check out Dapp Central on YOUTUBE)


2024 Roadmap Highlights:


1. **Chain Hard Fork:**

- Marks the first step towards minimum viable community-run governance.

- Implemented with the consent of the Cardano community through a new consensus mechanism.

- A crucial milestone in the governance era, signaling a shift in power to the community.


2. **Advancement into Full Cardano Community Governance:**

- Follows the Chain Hard Fork, introducing the Cardano Constitution.

- Workshops, conventions, and voting events planned for 2024.

- Latin American Community actively participating in shaping the Cardano Constitution.


3. **RWAs (Real World Asset Tokenization):**

- Focus on tokenizing real-world assets using Cardano's technology.

- Twin Protocol leading in RWA projects, aiming to tokenize gold and other commodities.

- Partnerships with platforms like End Maker and Timans to expand tokenization efforts.


4. **Dapp Development:**

- Over 150 projects with 1,300 builders already launched.

- Emphasis on third-party Dapp development for infrastructure projects, beyond traditional NFTs.

- Introduction of Marlowe and iin to simplify smart contract development.


5. **Interoperability:**

- EMURGO eyes increased interoperability with other blockchain ecosystems.

- Cardano's side chain toolkit open for developers, facilitating interoperability solutions.

- Launch of OnChain protocol connecting Cardano with Bitcoin, Ethereum, Tron, Avalanche, and more.


6. **Yoroi Wallet Enhancements:**

- EMURGO's Yoroi Wallet, one of the first light wallets for Cardano, aims for more integrations.

- In-wallet swaps and Fiat onramp/offramp services added for user convenience.

- Continual efforts to enhance user experience within the wallet.


Conclusion:

Cardano's roadmap for 2024 is marked by significant developments in governance, tokenization, Dapp development, interoperability, and wallet enhancements. As the ecosystem evolves, the collaboration between the three founding entities and the active involvement of the community will play a pivotal role in shaping the future of Cardano. Stay tuned for further updates and advancements in the Cardano space!


The information in this blog was sourced by watching a Dapp Central Video. Links to all their sites are below:


💌 Email: dapp.central.crypto@gmail.com


These articles are for pure entertainment. THIS IS NOT FINANICAL ADVICE. Please do your own research!

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1 Comment


Dale Johnston
Dale Johnston
Dec 29, 2023

yes, step central great channel.

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