Charles Hoskinson says Cardano is here to stay, not gone

Cardano founder Charles Hoskinson has hit out at skeptics, insisting the blockchain will survive widespread FUD.
In a recent post on X, Hoskinson expressed frustration at the contrast between Cardano’s actual progress and how it is portrayed by cryptocurrency influencers and the media.
According to him, he has never seen such a big disconnect between the reality of Cardano’s achievements and the opinions of influencers and media in his professional career.
Why Cardano is here to stay from a technical perspective
Hoskinson stressed that the Cardano team is about to usher in the most important hard fork in the project’s history. Specifically, Cardano expects
Chang Hard Fork
, scheduled to take place in the second quarter of this year.
This milestone will usher in a new era of governance for the blockchain and is the result of years of hard work, rigorous testing, and community engagement.
During this time, Hoskinson noted that the Cardano community is witnessing rapid growth in decentralized applications (dApps). This indicates a thriving ecosystem that is gaining traction among developers and users.
Other technological developments within the Cardano ecosystem include
Hydra, the second layer scaling solution
maturity. Hoskinson also revealed ongoing work on partner chains, including Midnight and Prism, which are expected to enhance the blockchain environment.
Furthermore, the Cardano founder revealed that the project is at the forefront of scaling research and development within the industry. However, according to his observation, critics are painting a different picture of Cardano to the public.
Cardano is pursuing multiple high-profile activities
In addition to these technological advancements, Cardano is preparing for multiple high-profile events. One of the events was Rare EVO, a blockchain conference
It is scheduled to be held from August 15 to 17, 2024.
According to Hoskinson, Rare EVO promises to be a major gathering welcoming multi-chain projects, industry leaders, investors, and enthusiasts. The event will focus on interoperability and the convergence of traditional industries with Web3 technologies.
Hawkinson also mentioned the upcoming
Cardano Foundation
The summit will be another important event for the community. Additionally, he revealed that Cardano will be present at another leading cryptocurrency event, Token 2049. This highlights Cardano’s ongoing commitment to interact with the wider industry.
Cardano will not die
Over the next six months, Cardano had countless positive developments, which Hoskinson noted were simply impossible to keep up with. In contrast, he would see alarming headlines in the crypto media
Questioning Cardano’s durability.
“Then I look at the crypto media and the headlines are ‘Is Cardano dying?’”
Hawkinson said.
“This is just outrageous,”
lamented the Cardano founder.
Hoskinson went on to affirm that Cardano is here to stay and is a huge force that will drive the industry forward. He expects Cardano to solve real-world economic, political and social problems, even if it has to be done by force.
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