2024-04-09 20:01:13
Charles Hoskinson Criticizes Cardano ‘Dunking,’ Expresses Concern Over ‘Carnival Barkers’ Dominance Charles Hoskinson, co-founder of Input Output Global Inc., is tired of the
dunking on Cardano. He firmly believes that this protocol is the
best path for scalability, governance, and innovation. In fact, he proudly claims that Cardano holds all the cards and boasts the best community in town.
Critics may have raised an eyebrow when Grayscale Investment recently removed ADA from its Crypto Large Cap Fund, calling it a mere
"rebalancing" act. Some even see it as a sign of Cardano's slow demise. But Hoskinson isn't buying into that narrative.
With an upcoming hard fork named Chang and the introduction of Ouroboros Leios, which he hails as a game-changer in solving the blockchain trilemma, Hoskinson is confident that Cardano is far from being on its deathbed.
However, what frustrates him is how
short-term narratives and carnival barkers tend to dominate the crypto industry's conversation. He compares it to the ever-changing landscape of AI with names like Claude, Grok, and Llama taking turns in the spotlight.
For Hoskinson, success lies in protocols built for longevity and supported by communities that value their foundations. So, while others may be caught up in the noise, he remains focused on steering Cardano towards a bright future.
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