Input Output Hong Kong (IOHK) CEO Charles Hoskinson is emphasizing that Cardano is being built to service billions, not millions of users around the globe.
In a new video, the Cardano creator tells his 429,700 followers that the motivation behind the development of the fourth-largest crypto asset is based on two key questions.
“The point of Cardano is to ask, ‘Where do we need to go? What do we need to do to have an ecosystem with a billion people, not an ecosystem with a million, and be able to sustainably provide a financial operating system for that?’”
With Cardano aiming to service a significant part of the global population, Hoskinson unveils the reasons why they chose to redesign the smart contract model from the ground up.