Charles Hoskinson Joins Starstream In Push For Cardano Evolution

Cardano is innovating at a very fast pace, with the founder spotlighting Starstream, a new EVM solution, as a key part of what the protocol will evolve into

Charles Hoskinson, the founder of Cardano (ADA), has officially joined the Starstream Working Group. He said the project could become a key part of Cardano’s future. His decision highlights the rising interest in building faster, more secure, and privacy-focused blockchain systems.

Cardano Levels Up with Starstream and Midnight

The project has attracted considerable attention since Charles Hoskinson announced his involvement with Starstream. The working group has grown by around 50% in just two weeks. Sebastien Guillemot, co-founder of Paima Studios and one of the first people to support the project, shared this.

Starstream introduces a new virtual machine using Cardano’s UTXO model. This machine is more powerful and easier to work with than older systems. It also supports zero-knowledge (ZK) cryptography, which allows data to be verified without being revealed, boosting both privacy and performance.

Cardano’s current system, extended UTXO (eUTXO), has had problems using advanced cryptography. Starstream solves this using WebAssembly (Wasm) to create a ZK proof for every smart contract action. This helps make the blockchain faster and more private. It also makes building things like games, stablecoins, oracles, and virtual assets easier for the network.

Notably, Starstream is not the only working project contributing to the growth of the Cardano ecosystem. Another major project in the Cardano ecosystem is Midnight. This is a sidechain created by Input Output Global (IOG), and it focuses on keeping data safe and private.

On May 1, Charles Hoskinson spoke with Midnight CEO Eran Barak. During the talk, Hoskinson said that Midnight could issue stocks and other financial tools on the blockchain. He also said that privacy, smart contracts, and cross-chain support could make this possible.

Earlier this month, the blockchain introduced the Ouroborus Leios upgrade, designed to fuel faster transactions and efficiency. This upgrade shows that high blockchain performance can be achieved without powerful or costly computers. 

These developments reflect Cardano’s effort to build a stronger and advanced blockchain ecosystem. 

Cardano’s Lace Wallet Adds Bitcoin Support

Cardano’s wallet, Lace, has also reached a new milestone. The team recently released version 1.22 to users in the beta program. This update lets users send, receive, and manage Bitcoin (BTC) inside the wallet.

This follows a bullish prediction from Charles Hoskinson. Last month, the founder suggested that the Bitcoin price could reach $250,000 before the end of the year. While his prediction is bold, it aligns with the growing adoption by big companies. 

Furthermore, this integration with Bitcoin is the first time the Lace wallet has worked with another blockchain. This marks a big step in Cardano’s journey toward becoming a multi-chain platform, where users can work with more than one blockchain from a single wallet. 

Each of these updates brings Cardano closer to its goal of becoming a more open, secure, and useful blockchain for everyone.

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