Charles Hoskinson Claims Cardano Will Never Die

Charles Hoskinson, the founder of Cardano, has spoken out against the naysayers, insisting that blockchain remains strong amid widespread fear, doubt and uncertainty (FUD).
In a recent post on X, Hoskinson expressed his frustration with Cardano’s actual progress versus how it is portrayed by cryptocurrency influencers and the media.
He said he had never seen such a clear disconnect between Cardano’s achievements and the opinions of influencers and media in his career.
Why Cardano has the staying power 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 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 attracting attention from developers and users.
Other technological developments in the Cardano ecosystem include the maturation of second-layer scaling solution Hydra. Hoskinson also revealed that there is 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 important activities
In addition to these technological advancements, Cardano is preparing for multiple important 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 that welcomes 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 another leading cryptocurrency event, Token 2049. These highlight Cardano’s ongoing commitment to engaging with the wider industry.
Cardano is not going away
While there will be numerous positive developments for Cardano over the next six months, Hoskinson noted that perfection is not an option. In contrast, he sees alarmist headlines in the crypto media questioning Cardano’s durability.
“Then I look at the crypto media and the headlines are ‘Will Cardano disappear?’”
Hawkinson said.
“It’s just so sad,”
the Cardano founder complained.
Hoskinson went on to insist that Cardano is here and is a powerful force 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 pushed hard. Disclaimer: This content is for informational purposes only and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not necessarily reflect the views of The Crypto Basic. Readers are encouraged to conduct in-depth research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.