It mentioned that Cardano has 5 main core teams, which are lead and held responsible by IOHK - who is the team leader. Additionally there are 3 main parties who act as auditors - that have the purpose of a examining and evaluate the quality of the progress achieved by the group.
The roadmap highlighted that there are 3 core principles guiding the development of the road map, which are:
- Growth of the community
- A resilient network
- Balance research and development - keeping scientific rigour a key factor
Additionally, the roadmap was divided in to ‘chapters’ and currently we are in “Byron” - whose main focus is to make improvements and adjustments to the core of ADA.
Specifically to focusing on the code, bugs and improvement to Daedalus’s wallet and making the API’s integration easier with 3rd parties.
“Shelby” will be the next chapter, whose main goal is to make the network fully decentralised - this will be achieved by improving the stability, interoperability and governance of the the software.
Finally, the budget was increased within two specific fields of research
- Researching the issues that Ethereum is currently facing with smart contract, with the purpose of learning from it’s mistakes and implement a better solution in to ADA’s network!
- Focusing on the philosophy of smart contracts and similar projects with the purposes of achieving something similar without the complexity and costs of Ethereum.
Many investors were expecting something “revolutionary” and to become rich overnight - but upon the release of the roadmap they realised that it would of taken a long time and thus sold their position.
In my opinion this is by far one of the best roadmaps that I have seen - as it’s entirely focused towards achieving ADA’s Long term vision of stability, decentralisation, security and ethicality of it’s network with the purpose of making the world a better place through the use of philosophy and technology.
Companies that rely on a single product or service focus entirely on marketing with the only intention of keeping both long and short term investors happy - I’m glad that ADA did not go down that path.