Quantstamp, an organization that has been auditing Cardano’s (ADA) code base for the previous two months, believes that after the Shelley laborious fork, Cardano will path solely Ethereum (ETH) as a sensible contract platform, dwarfing its arch-rival Tezos (XTZ).
Cardano’s code base “among the best”
Quantstamp CEO Richard Ma informed Cointelegraph that in his opinion, Cardano has a few of the finest code in the entire blockchain house. He believes it’s on par with ETH 2.0’s Prysm:
“It’s clear they’ve put a variety of inside effort to solidly take a look at and correctly engineer the code and it’s actually proven by way of the sleek launch. We additionally lately audited prysm from eth 2.Zero and we’d say that when it comes to high quality, much like prysm, it is among the finest codebases we now have seen.”
Discussing the current Shelley laborious fork, Quantstamp communications supervisor, Jaye Harrill, informed Cointelegraph that by the top of 2020, they anticipate Cardano to be second solely to Ethereum in recognition as a sensible contract platform. Harrill additionally feels that Cardano “dwarfs” Tezos as a proof-of-stake blockchain:
“The transfer to the Shelley period means Cardano would be the second hottest good contract platform, second solely to Ethereum by the top of the yr. As a proof of stake system, it now dwarfs Tezos”.
Hoskinson: good contracts & native belongings are coming quickly
Earlier right this moment, replying to EOS (EOS) founder Daniel Larimer on Twitter, Cardano founder Charles Hoskinson acknowledged that by the top of the yr, good contracts and native belongings are coming to the platform together with low latency:
In recent times, builders have constructed nearly all of their decentralized purposes on Ethereum. Nevertheless, if issues go in keeping with Hoskinson’s plan, Cardano could quickly immediately problem Ethereum’s dominance within the trade.