Quantstamp, a company that has been reviewing the Cardano Code Base (ADA) for two months, believes that after Shelley’s hard fork, it will only follow Cardano (ETH) as a smart contract platform, dwarfing its arch-rival Tezos (XTZ). ).
Cardano’s code base “one of the best”
Richard Ma, CEO of Quantstamp, told Cointelegraph that he believes Cardano has some of the best codecs in any blockchain industry. He believes that it is on par with Prysm from ETH 2.0:
“Obviously they went to a lot of internal effort to thoroughly test the code and build it correctly, and that was really demonstrated by a smooth start. We recently reviewed prysm from eth 2.0 and can say that in terms of quality, similar to prysm, it is one of the best codebases we have ever seen. ”
Jaye Harrill, director of communications at Quantstamp, told Cointelegraph that by the end of 2020, Cardano will be second only to Ethereum in popularity as a smart contract platform. Harrill also believes that Cardano “dwarves” Tezos are considered evidence of blockchain ownership:
“Moving into the Chilean era means Cardano will be the second most popular smart contract platform after Ethereum by the end of the year. As evidence of the stake system, it now dwarfs Tezos.”
Hoskinson: Smart Contracts and Local Assets will be available soon
Charles Hoskinson, founder of Cardano, announced today in response to EOS founder Daniel Larimer on Twitter that by the end of the year, smart contracts and local assets will appear on the platform with low latency:
In recent years, developers have built the majority of their decentralized apps on top of Ethereum. However, if all goes according to Hoskinson’s plan, Cardano could soon question Ethereum’s dominance in the industry.