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Charles Hoskinson Confirmed The Success Of Cardano And Sharply Reduced Negative Comments Regarding The Future Of The Network

source-logo  cryptonews.net 06 June 2024 13:16, UTC

The Cardano founder claims there is a stark “gap between reality and opinion” regarding the project’s fundamentals. Additionally, he expressed disappointment with headlines such as “Will Cardano Die?” questioning the viability of the ecosystem.

Charles HOSKINSON highlighted several important developments and upcoming events that demonstrate Cardano’s strong progress. He noted that the ecosystem is on the verge of “the most significant hard fork in the history of the project.” This marks a major upgrade in the network. He also noted the rapid growth of community-developed decentralized applications (DApps) and highlighted Cardano’s leading role in scaling research and development. Key technology advancements such as Hydra, a layer 2 scaling solution, are maturing. This expands the network’s ability to efficiently process increased transaction volumes.

Hoskinson also emphasized Cardano’s commitment to solving real problems through initiatives like Catalyst, which funds community projects. He also spoke about the constitutional convention in Argentina. These efforts underscore Cardano’s broader mission to solve “real-life economic, political and social problems.”

Image: Binance Academy