finbold.com
After facing harsh criticism over his suggestion of contingent staking to help the cryptocurrency industry meet regulatory requirements amid heightened scrutiny over the sector, Cardano (ADA) founder Charles Hoskinson has hit back at the critics that called the Cardano community a cult.
Addressing the attacks on his views and the Cardano community as a whole, Hoskinson highlighted that contingent staking was merely “an optional hypothetical feature that isn’t even at the [Cardano Improvement Proposal (CIP)] stage,” as he explained in a tweet posted on February 21.
Notably, the drama surrounding Hoskinson’s proposal doesn’t seem to have as much effect on the price of ADA as the developments directly relating to the ecosystem, such as the network’s recent Valentine (SECP) upgrade, which had given strength to the price of Cardano at the time.
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