Charles Hoskinson has declared that Cardano is entering a significant transformation phase as it restructures its engineering approach to accelerate crypto development. The project, which previously relied on a rigid, centralized system, is now shifting towards a more agile and open model. This new dynamic will involve leveraging the strengths of multiple teams, such as Pragma, Aiken, and Midgard, all contributing their unique technical expertise. The shift aims to address the long-standing issue of slow development speed by focusing on efficiency and rapid execution. As Hoskinson notes, this strategic change marks a departure from the traditional model inherited from Haskell and scientific methods, potentially ushering in an era where Cardano can compete more effectively with leading players in the crypto space.