Cardano to Activate Hard Fork in February
Main page News, Altcoins, Cardano

Charles Hoskinson, cofounder and CEO of IOHK, the company behind Cardano (ADA), has reported the network could activate a hard fork next month, he said on January 17 through a livestream on YouTube.

According to him, the crypto's next hard fork, which could take place in February, aims to improve Cardano's current consensus algorithm. He believes the Ouroboros Bizantine Fault-Tolerant Consensus Protocol (OBFT) will be activated on the network of the 11th largest crypto by market cap in mid-February:

"Looks like February — at pretty high certainty — we’re going to have the OBFT hard fork occur. We’re still talking to our exchange partners about that and we just want to make sure all the infrastructure is lined up for it, but infrastructure looks pretty good, so mid-February we anticipate an OBFT hard fork."

The developer of the protocol has not given any details on the technical innovations of the update. However, Hoskinson actually mentioned that the integration of Cardano's official wallet with the Ledger hardware wallet is almost ready.

The crypto's development team is constantly working on the improvement of its product. For example, in November it was known Cardano had launched a payment gateway for merchants.

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