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Cardano is the first mission-critical blockchain project
Cardano is the first project that bets on formal method development and the team build it as a mission-critical project. It takes a lot of time and effort to build such a project. The team carefully researched other existing projects and all relevant studies, it cannot be afraid of experimenting and searching for the best approach in the real-world environment. The IOHK team had to find the best experts in the given fields and cooperate with them. The team must do research, write some studies, ask for critical reviews of studies they have written from competent people, write a piece of software following specifications and test it. It might sometimes happen that it is needed to throw away some piece of work or at least make corrections, learn from mistakes or start from the beginning in a different way. It cannot be done in a year or two.
Blockchain is not Facebook
We are used to always being available on the internet and all the services we use every day, for example, services provided by Facebook, Amazon, or Google. The services mostly work fine and if not then they start working within a few hours. All these services are centralized and there are responsible administrators who are able to fix issues quickly and make the services available again for you. The services are owned by companies that make decisions about…
