Charles Hoskinson, co-founder and CEO of IOHK, the blockchain house behind Cardano (ADA), said that he expects the coin to see a hard fork in mid-February.

During a livestream on Jan. 17, Hoskinson noted that he expects Cardano'due south consensus algorithm to be upgraded with a hard fork side by side month. He said that he has "pretty high certainty" that the Ouroboros Bizantine Fault-Tolerant Consensus Protocol (OBFT) will exist implemented in mid-February:

"Looks similar February — at pretty high certainty —  we're going to accept the OBFT hard fork occur. We're still talking to our exchange partners about that and we only want to make sure all the infrastructure is lined upward for it, simply infrastructure looks pretty good, so mid-February nosotros anticipate an OBFT hard fork."

As of press time, IOHK had non answered Cointelegraph's inquiry concerning the changes brought on by the upgrade. This article volition be updated pending that response.

Hoskinson also said during the livestream that Ledger hardware wallet integration with Daedalus Cardano wallet software is nearly prepare for deployment.

Cardano sees rapid development

This is not the only recent development for Cardano. As Cointelegraph reported earlier today, Cardano'south commercial blockchain arm Emurgo partnered with the government of Uzbekistan to form a blockchain task strength to develop regulations for security token offerings and exchanges.

Last month a new Cardano test network was launched and, within 24 hours, ADA holders staked more than 5 billion coins (worth about $195 meg at the time), showing considerable holder participation in the network's activity.