CARDANO ROAD MAP 2018 and INFO / IN GMAIL

Cardano roadmap
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INTRODUCTION

The entire Cardano team is made up of experts around the world, and the core technology team consists of Well Typed, Serokell, Runtime Verification, Predictable Network Solutions and ATIX with IOHK as the team leader. External auditors such as Grimm, RPI Cryptography Group and FP Complete ensure the quality of the product by holding IOHK accountable.

Three principles that guide the development of the roadmap are: first, the growth of the community and its needs; second, a distributed and resilient network true to the original vision of Satoshi, and third, balancing the pace of research and development so commercial advantage does not win out over the application of scientific rigour.

We are currently in Byron, the bootstrap phase, where we are making improvements. These include to the code, for example in middleware, and debugging. We will improve the design of Daedalus and make integration through APIs to third parties simpler. We will then move from Byron to Shelley, where the network becomes decentralised. Over the next 18 months work will be done that contributes to stability, interoperability and governance. Throughout the arc of development, Cardano’s protocols will increase in complexity, interdependence and use more exotic cryptographic primitives.

A cryptocurrency is only as good as the community behind it. We’ve been humbled by how amazing, patient and helpful our community has been. Our hope is that the roadmap is something we can build together over time and it becomes one of our strongest pillars.

Existing smart contract models lack rigorous foundations and IOHK’s development aims to correct that. To do so, IOHK has deployed leading minds from the field of programming language theory to the design of smart contracts.

We have increased our allocation of resources into two parallel tracks of research. One is focused on fixing the issues seen with Ethereum’s smart contracts, and will be a development area for Professor Grigore Rosu, of the University of Illinois and Runtime Verification. The other is focused on the general foundational design, or ontology, of smart contracts, as well as other computational models that achieve similar ends without necessarily involving the complexity or cost of Ethereum.

The next phase of Cardano’s development will be Shelley, a path to the full decentralization of Cardano. The milestones of this phase are listed below.

We will also introduce our Cardano Improvement Proposals, or CIPs. We have put much effort and investment into building a voting system, details of which will be released soon. These will come into force after Shelley, and although at first IOHK will make all CIPs, there will be an increasingly better mechanism for gaining consent for them.

The Cardano roadmap will be regularly updated, with a countdown clock indicating the next release. We want to hear from the community about ideas for the roadmap and are opening a channel for communication – watch for more details. The Cardano roadmap isn’t the property of IOHK, the Cardano Foundation or Emurgo. It belongs to the community. When a cryptocurrency is new it needs good shepherds to guide it, although in the future it will be fully in the hands of its users.

Byron
The launch of Cardano marks almost two years of research and over a year of development. IOHK has designed and built a cryptocurrency technology stack of completely new design with 100% new code. The technology is now in the Byron phase, also known as the bootstrap era.

Following the stabilization and refinement of Byron, IOHK will make substantial improvements to core components. The main purpose of this phase of development is to make Cardano SL completely decentralized to live in a mostly centralized world. Much of the work will deal with the networking layer and making Ouroboros more robust. In parallel, standard cryptocurrency features such as multi-signature addresses and light clients will be added. Other non-standard features will be implemented, such as quantum resistant signatures.

Since we released Cardano at the end of September, as well as working on Byron the team have been planning the requirements and making preparations for Shelley. We have now shared these in this roadmap, and are focusing our planning on Goguen. The next information release will go out on February 5, marked by a countdown clock, below.

Goguen will see the integration of smart contracts.

Basho is centered around performance improvements.

Finally, in Voltaire, IOHK will add a treasury system and governance.

CARDANO SL MAINNET LAUNCHED
Friday, September 29, 2017

CARDANO SL
Charles HoskinsonJeremy Wood— ———
PROGRESS 100%
DEPLOYED

Shelley (Decentralised)
Byron established the baseline for Cardano in allowing users to trade and transfer Ada. Shelley is focused on ensuring that key elements are in place so that the technology grows into a fully decentralised and autonomous system. Expected Q2 2018.

OPEN OUROBOROS DELEGATION
Users will be able to delegate their stake, or to act as stake pools and have stake delegated to them.

CARDANO SL
Philipp Kant— —————

PROGRESS 75%
REVIEW

MULTISIGNATURE TRANSACTIONS
Multisignature transaction types will be supported for HD wallets.

CARDANO SL
George Agapov— ———
PROGRESS 35%
IMPLEMENTING

WALLET BACKEND
We will redesign the wallet backend to improve its performance.

CARDANO SL
Alfredo Di Napoli— —
PROGRESS 40%
IMPLEMENTING

CONSENSUS INCENTIVES AND FEES
Incentives in Cardano will be used to encourage stakeholders to set up the infrastructure needed to run a full node and to fully participate in the protocol.

CARDANO SL
Lars Brünjes— ————
PROGRESS 45%
IMPLEMENTING

QUANTUM RESISTANT SIGNATURES
A new type of transaction will be added that uses a quantum-resistant signature scheme.

CARDANO SL
George Agapov— ——
PROGRESS 50%
IMPLEMENTING

LIGHT CLIENT SUPPORT
Light client mode is a feature that will enable faster blockchain syncing by subscribing to checkpoints, snapshots of the Cardano blockchain in time.

CARDANO SL
Duncan Coutts— ———

PROGRESS 20%
EARLY DEVELOPMENT

HUMAN FRIENDLY ADDRESSES
Significantly shorter addresses will be displayed in the user interface, making them easier to be communicated.

CARDANO SL
Duncan Coutts— ——
PROGRESS 20%
EARLY DEVELOPMENT

NETWORKING
Support a wide and dynamic network topography over common internet infrastructure, enabling decentralization without sacrificing performance or security.

CARDANO SL
Alexander Vieth— ———
PROGRESS 20%
EARLY DEVELOPMENT

VOTING CENTRE
Users of Cardano will be able to vote on upcoming updates and protocol changes, using their stake.

CARDANO SL
Philipp Kant— ——
PROGRESS 20%
EARLY DEVELOPMENT

PAPER WALLETS
Paper wallets will allow users to securely store their funds offline on a physical medium.

DAEDALUS
Darko Mijić— —

PROGRESS 10%
EARLY DEVELOPMENT

RELEASE STRATEGY
A new software release strategy for Cardano will bring benefits for users.

CARDANO SL
Domen Kožar— ——
PROGRESS 50%
IMPLEMENTING

CO-WORKING SPACE, HONG KONG
Emurgo is setting up a co-working spaсe in Hong Kong. The office will be available for developers from February 2018.

EMURGO INVESTMENT
Ken Kodama—

MEETUP FOR DEVELOPERS AND ENTERPRISES, TOKYO
Emurgo will hold a monthly meetup for developers and enterprises at their new Tokyo office.

EMURGO EVENT
Ken Kodama—

PARTNERSHIP WITH CHINACCELERATOR AND MOX
Working with two big regional accelerators will provide a springboard for entrepreneurs by giving them access to funding and advice.

EMURGO PARTNERSHIP
Ken Kodama—

INVESTMENT IN A BLOCKCHAIN PROJECT, SHANGHAI
Emurgo will invest in LiqEase, a blockchain project that digitizes assets in international business to business trade.

EMURGO INVESTMENT
Ken Kodama—

R&D CENTER, VIETNAM
A research and development center that focuses on the Cardano blockchain will be set up in Ho Chi Minh city.

EMURGO INVESTMENT
Ken Kodama—

DISTRIBUTED FUTURES RESEARCH
A City of London research program will explore challenges and opportunities for blockchain.

CARDANO FOUNDATION
Michael Parsons—

LEDGER WALLET
Support for Cardano will be added to Ledger Wallet storage devices.

CARDANO FOUNDATION
Michael Parsons—

DEBIT CARDS
Launch of a Cardano debit card will allow Ada holders to use their funds for everyday purchases.

CARDANO FOUNDATION
Michael Parsons—

CARDANO SOFTWARE AUDIT
An independent audit of the code and documentation will help ensure a high-quality, robust product.

CARDANO FOUNDATION
Michael Parsons—

Goguen
We are designing a next-generation virtual machine called IELE and a universal language framework to be used as core infrastructure for future blockchain technologies. The proposed technology, which is based on formal methods and state-of-the-art programming language theory, will bring much greater security and dependability to blockchain systems and will reduce the risk of vulnerabilities.

SIDECHAINS
Sidechains will enhance the ability to move Ada within Cardano, enable scalability, and allow new features to be added without forking a blockchain.

CARDANO SL
Aggelos KiayiasDionysis Zindros— —
PROGRESS 5%
EARLY DEVELOPMENT

ACCOUNTING MODEL
To move value consistently between ledgers using UTxO-style and account-based accounting models we will develop a formal understanding of both methods and their relationship.

CARDANO SL
Philipp Kant— —
PROGRESS 10%
EARLY DEVELOPMENT

PLUTUS CORE
The Plutus Core language will be finalized and integrated into the Cardano Settlement Layer and Computation Layer.

CARDANO CL
—Philip WadlerDarryl McAdams—
PROGRESS 12%
EARLY DEVELOPMENT

IELE VIRTUAL MACHINE V1
IELE, a virtual machine with a universal language framework for translating and executing smart contracts, will be created.

CARDANO CL
—Grigore Rosu—
PROGRESS 33%
IMPLEMENTING

INTEGRATION AND IMPLEMENTATION
The sidechains and accounting will be implemented in the SL and CL. IELE and Plutus Core will be integrated into the CL.

CARDANO CL
—Duncan Coutts—
PROGRESS 15%
EARLY DEVELOPMENT

SMART CONTRACTS DEPLOYMENT & INTERACTION
A set of tools will be available for developers of smart contracts, including a private test network to try out code before it is deployed to the mainnet.

CARDANO SL
Darko Mijić— —

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Basho (Performance improvement)
The features in Basho are focused on performance, security and scalability. It will feature the implementation of Ouroborous Praos and a revised network layer.

Voltaire (Scalability & assurance)
Voltaire is focused on assurance and scalability and will see the introduction of a treasury model. This will ensure the sustainability and self sufficiency of the blockchain and community.

DAEDALUS WALLET CARDANO PROJECT CARDANO SL OUROBOROS ALGORITHM INPUT OUTPUT YOUTUBE

Cardano is an Open Source project.

Cardano is a software platform ONLY and does not conduct any independent diligence on or substantive review of any blockchain asset, digital currency, cryptocurrency or associated funds. You are fully and solely responsible for evaluating your investments, for determining whether you will exchange blockchain assets based on your own, and for all your decisions as to whether to exchange blockchain assets with Cardano. In many cases, blockchain assets you exchange on the basis of your research may not increase in value, and may decrease in value. Similarly, blockchain assets you exchange on the basis of your research may increase in value after your exchange.

Past performance is not indicative of future results. Any investment in blockchain assets involves the risk of loss of part or all of your investment. The value of the blockchain assets you exchange is subject to market and other investment risks.

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