RATE Group | Cardano will replace Bitcoin as number one by end of 2020
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Cardano will replace Bitcoin as number one by end of 2020

05 Jan Cardano will replace Bitcoin as number one by end of 2020

Posted at 09:42h in Cryptocurrency News by

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  • Charles Hoskinsion, the CEO of IOHK, has predicted that Cardano will be the market leader by the end of 2020.
  • In an AMA, Hoskinson explained how the crypto project intends to achieve this goal.

The CEO of Input Output Hong Kong (IOHK), the company behind Cardano, Charles Hoskinson, has announced in a recent Ask me Anything (AMA) on YouTube that Cardano will replace Bitcoin as the number one cryptocurrency by the end of 2020. However, he did not commit himself to a specific the metric by which he wants to judge success (market capitalization, number of users, transaction volume, etc.).

In order to achieve market leadership, Hoskinson says that the major parties in the Cardano ecosystem (IOHK, Emurgo and the Cardano Foundation) will focus on commercializing the project. As CNF reported, the Cardano Foundation recently announced a collaboration with McCann Dublin. Together with the advertising agency, which has also worked with…

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