.IOHK_Charles wants to develop universal standards for the DeFi ecosystem
, CEO of Cardano developer Input Output, spoke about the pitfalls of decentralized finance during a YouTube livestream from his home in the state of Colorado, claiming that many users are incredibly tired of the low production quality of applications within the DeFi ecosystem.
The Input Output boss says that many projects in the crypto space rely on “a hope and a prayer” instead of rigorous engineering. Hence, he is convinced that many projects will not stand the test of time. The Ouroboros family of consensus protocols will make sure that Cardano will stick around for decades, according to Hoskinson.Ensuring scalability
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