Cardano founder Charles Hoskinson has taken to the X platform to highlight the project’s global impact and mission beyond token prices. He emphasized that Cardano is not just his project, but rather about making the world a better place for everyone. Despite nearing completion, Hoskinson noted that the project faces increased scrutiny and skepticism, as people tend to doubt progress when it’s almost finished.
Hoskinson discussed Cardano’s journey, highlighting its achievements and goals. The project has progressed through phases like Byron and Voltaire, achieving milestones in scalability, interoperability, and governance. The Byron phase focused on launching the network, while the Shelly phase transitioned it from static and federated to dynamic and decentralized.
Governance and scalability are also important milestones for Cardano. Hoskinson revealed that the project is set to launch the largest on-chain government in the industry, and node 9.0 will be available soon. These developments align with Cardano’s vision of a decentralized future.
Looking ahead, Hoskinson emphasized the importance of broader adoption and real-world applications in the crypto space over the next 5 to 10 years. Cardano aims to leverage its strong community, extensive research, and skilled engineers to drive meaningful changes.
Hoskinson also addressed the recent incident involving Cardano’s meme coin RIO, which experienced a significant drop in value. He clarified that the drop was unrelated to his comment about his pet parrot’s name being Daisy, not Rio. Despite this incident, Cardano’s ADA token has seen an increase in value in the last 24 hours and over the past week.
In addition to discussing Cardano, Hoskinson recently criticized President Biden’s crypto policies, urging U.S. voters to prioritize cryptocurrency in the upcoming elections. He believes blockchain technology is crucial for shaping America’s future and warned that a vote for Biden could hinder the crypto industry’s growth.
It’s important to note that this article is for informational purposes only and should not be considered financial advice. The views expressed in the article are the author’s personal opinions and do not reflect the opinion of The Crypto Basic. Readers are advised to conduct thorough research before making any investment decisions, and The Crypto Basic is not responsible for any financial losses incurred.
