Charles Hoskinson: Cardano will not disappear and will remain

Cardano founder Charles Hoskinson has fired back at naysayers, insisting blockchain is here to stay despite widespread fearmongering.

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 major disconnect between the reality of Cardano’s achievements and the opinions of influencers and media in his career.

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 looking forward to 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 culmination of years of hard work, rigorous testing, and community engagement.

In doing so, 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, 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 pursues multiple high-profile events

In addition to these technical developments, 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 participating in another leading cryptocurrency event, Token 2049. This underscores Cardano’s ongoing commitment to interact with the wider industry.

Cardano is not going away

Over the next six months, there were countless positive developments for Cardano, which Hoskinson noted was simply impossible to keep up with. In contrast, he noted alarming headlines appearing in the crypto media questioning the long-term viability of Cardano.

“Then I looked at the crypto media and the headlines were ‘Is Cardano dying?’”

Hawkinson said.

“It’s so sad.”

the Cardano founder complained.

Hoskinson went on to assert that Cardano is here to stay 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 do so 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 reflect the opinions of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.