Cardano founder: ‘Cardano’s lead is so significant, they’ll never be able to catch up with us’

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Cardano founder: ‘Cardano’s lead is so significant, they’ll never catch up with us’
Cardano founder: ‘Cardano’s lead is so significant, they’ll never catch up with us’
February 19, 2025


Cardano founder Charles

Cardano founder Charles Hoskinson has made a bold statement about the network amid recent developments. During a Feb. 18 livestream, Hoskinson told followers that the network is now well ahead of its competitors.

“Our advantage and lead are so significant that they will never be able to catch up with us,” he enthused. This announcement comes on the heels of Cardano’s successful transition to fully decentralized governance, with the community recently passing the validation of its constitution. On Tuesday, a vote to replace the network's interim constitution passed the threshold of 75%. Specifically, 85,721 TP3T deputies (DReps) voted in favor of the constitutional changes, and the entire Constitutional Council made the same decision.

Cardano community votes on constitution update Source TapTools
Hoskinson celebrated the milestone, noting that it was the culmination of a decade of hard work, during which time several workshops and conferences were held and about 1,800 people from 50 countries participated. According to the network’s founder, the milestone shows that Cardano is now a “living organism,” highlighting 800 DReps and 108,000 delegators.

“The core unique selling proposition of Cardano is really that every holder has a voice, sometimes small, sometimes big, but you have a voice. That’s not the case in Bitcoin or Ethereum or all the other ecosystems,” he argued.
Looking ahead, the Cardano founder struck a positive tone and took time to highlight the network’s partnership with BitcoinOS, the focus on Cardano’s privacy protocol Midnight, and scaling efforts like Leios. Beyond that, he believes that Cardano’s success in decentralized governance has opened up new opportunities for the project.

“We […] now have the largest governance layer, which means we are the smartest crypto ecosystem. We can crowd-brainstorm any idea, any strategy, and augment it with AI. Oh my god! As an ecosystem, we are unstoppable. Not only can we crowd-brainstorm, we can converge to a common understanding,” he commented.
Following the confirmation of the Cardano Constitution, it looks like the network’s governance will turn its attention to its roadmap and budget. The community will also vote on new Constitutional Council members in September 2025 to replace the interim members.
Meanwhile, the price of the Cardano network’s native token does not seem to reflect the community’s excitement. At press time, ADA is trading at around $0.77, down nearly 1% over the past 24 hours.

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