Charles Hoskinson says Cardano will last forever

Cardano founder Charles Hoskinson has fired back at skeptics, insisting blockchain is here to stay despite widespread panic rumors.
In a recent post, Hoskinson expressed his frustration with the contrast between Cardano’s actual progress and how it is being portrayed by cryptocurrency influencers and the media.
According to him, he has never seen such a significant disconnect between Cardano’s achievements and the perception of influencers and media in his 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 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 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 Midnight and Prism, which are expected to strengthen the blockchain environment.
Additionally, Cardano’s 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 pursues multiple high-profile events
In addition to these technological advancements, Cardano is preparing for multiple high-profile events. One of them is Rare EVO, a blockchain conference scheduled to take place 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.
Hoskinson also mentioned that the upcoming Cardano Foundation Summit will be another major 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 will not die
There is an endless list of positive developments for Cardano over the next six months, which Hoskinson noted is impossible to keep up with. In contrast, he sees alarming headlines in the crypto media questioning Cardano’s longevity.
“Then I look at the crypto media and the headlines are ‘Is Cardano dying?’”
Hawkinson said.
“It’s just so sad,”
exclaimed the founder of Cardano.
Hoskinson continued to insist that Cardano is here to stay and is a juggernaut that will drive the industry forward. He expects 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 include the personal opinions of the author and do not necessarily reflect the opinions of The Crypto Basic. We encourage readers to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.