Hoskinson Praises Cardano Community as Voltaire Upgrade Takes Hold

Charles Hoskinson, founder of Cardano, has emphasized the crucial role of the Cardano community in the project’s growth. Hoskinson praised community members, calling them the best entrepreneurs. He believes the recent Voltaire upgrade empowers Cardano users to create an exceptional governance system.

Read also: Charles Hoskinson on Why Voltaire is a ‘Big Deal’

Hoskinson’s comments followed a post by a developer who claimed to have sold all his possessions, including his house, to work on Cardano. The user described his sacrifices and expressed his strong belief in the project.

Voltaire Upgrade

Cardano launched the Voltaire era a few months ago through a successful hard fork. This marks the final stage in Cardano’s roadmap. Voltaire provides the tools for Cardano to become a fully autonomous system, eliminating centralization and introducing a voting and treasury system. Network participants can now use their stake and voting rights to influence Cardano’s future development.

The Voltaire upgrade has boosted confidence within the Cardano community. Many members feel a sense of ownership in the project, given their ability to participate in governance. Cardano’s community, led by Hoskinson, prides itself on building a decentralized blockchain network.

ADA’s recent rally reflects the increasing confidence level among Cardano community members and suggests significant growth in the blockchain network. The cryptocurrency has surged 134% in less than two weeks, climbing above $0.74 for the first time since March.

Continued capital influx could see ADA reclaim its yearly high of $0.81 and open the way for more notable rallies as the crypto market moves deeper into the bull cycle. ADA traded for $0.742 at the time of writing, about 77% below a $3.16 all-time value it achieved during the 2021 bull run.