Charles Hoskinson: Cardano is not going away, we are here to stay

Charles Hoskinson, founder of Cardano, has hit out at detractors, insisting that blockchain is here to stay despite widespread FUD.
In a recent article on X, Hoskinson expressed frustration with the discrepancy observed between the actual progress and portrayal of Cardano by cryptocurrency influencers and the media.
According to him, never in his career has he seen such a significant disconnect between Cardano’s achievements and the opinions of influencers and media.
Why Cardano will continue to exist 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 is expected to conduct the Chang hard fork in the second quarter of this year.
This milestone will usher in a new era of blockchain governance, which comes from years of hard work, rigorous testing, and community engagement.
During this time, Hoskinson noticed that the Cardano community was witnessing rapid growth in decentralized applications (dApps). This indicates a thriving ecosystem that is attracting developers and users.
Other technological developments in the Cardano ecosystem include the maturation of second-layer scaling solution Hydra. Hoskinson also revealed ongoing work on partner chains, including Midnight and Prism, which are expected to enhance the blockchain environment.
Furthermore, Cardano’s founder revealed that the project is at the forefront of expanded research and development within the industry. However, according to his observation, critics paint a different picture of Cardano to the public.
Cardano is pursuing several high-profile events
In addition to these technological advancements, Cardano is gearing up for several high-profile events. One of those events is Rare EVO, a blockchain conference scheduled to take place from August 15 to 17, 2024.
According to Hoskinson, Rare EVO will be a major gathering welcoming multi-chain projects, industry leaders, investors, and enthusiasts. The event will focus on interoperability and the integration of traditional industries with Web3 technologies.
Hoskinson also mentioned that the upcoming Cardano Foundation Summit will be another important event for the community. Additionally, he revealed that Cardano will be present at Token 2049, another leading cryptocurrency event. These highlight Cardano’s ongoing commitment to engaging with the wider industry.
Cardano is not going away
With countless positive developments slated for Cardano over the next six months, Hoskinson noted that it would be impossible to keep up. In contrast, he will see eye-popping headlines in the cryptocurrency media questioning Cardano’s durability.
“Then I look at the crypto media and there are headlines saying ‘Is Cardano dying?’”
Hawkinson said.
“This is really too much,”
exclaimed the founder of Cardano.
Hoskinson continued to insist that Cardano is here to stay and is a giant that will push the industry forward. He predicts that Cardano will solve real-world economic, political and social problems, even if it has to be done forcefully. Disclaimer: This content is for informational purposes only and should not be considered financial advice. The opinions expressed in this article may contain the personal opinions of the author and do not necessarily reflect the views of The Crypto Basic. Readers are advised to conduct in-depth research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.