What's In Store For Cardano In 2022

Cardano has had one wild year. From it's price of just $0.15 this time last year to an all time high of nearly $3 and now holding around $1.45 it's see some rather wild swings. Cardano is what is considered a Ethereum competitor where it does everything faster and cheaper than the Ethereum network. However as we can see simply offering lower fees and faster transactions will only get you so far. You need to have the infrastructure built to continue growth and value of the crypto.

What Does Cardano Have In Store For 2022?

One of the main things Cardano will be doing next year is to continue with it's proposal system. These community governed enhancements will include native web wallets for better interaction with DeFi protocols. I believe DeFi is going to become one of the largest growth factors of crypto in 2022 along with gaming so it's good to see some focus being put on this with Cardano.

By late 2022 their next primarily goal it how to implement all pieces together and allow for microfinance transactions directly on Cardano.

I n 2021 the system was criticized for not being the centralized platform it said it was and work was place on improving this. Come late 2021 the team had made it so all blocks production was decentralized.

One of the next steps for early 2022 is to offer up peer-to-peer. This frameworks main goal is to make the network more decentralize. This would allow validators to communicate with each other and process the block data instead of relying on a centralized node from IOG.

All in all I have to say Caradno has fallen flat in what it promised and said it would do compared to what it actually does. To me it feels like a lot of hype talk and then catch up after the fact and in reality doesn't really offering anything better or new that outbeats Ethereum or many other platforms. To me they have a long way to go but we are seeing work being done which is promising. I guess the only thing that bothers me about Cardano is the constant talking about things and after that hypes it up they start working on it. It feels like hype and not enough action or lying and implement later if people like the hype. It just feels a little off.