Finally, Charles Hoskinson addresses #Cardano detractors

After receiving a slew of critical remarks about Cardano's native currency earlier this week, the network's outspoken creator Charles Hoskinson decided to weigh in.

Ben Armstrong, a crypto enthusiast, was one among many who voiced their disapproval, stating that Cardano's $ADA had predicted a roadblock. Prior to making this announcement, he dumped his poorly managed Cardano staked pool.

In response to the criticism, the creator of the Cardano network set out to dispel any confusion about the network by quickly setting new records.

First, he gave his X-followers his word that ADA was dominating the ecology and doing an excellent job. According to him, the ADA blockchain offers top-notch solutions for governance, innovation, and scalability. When asked about the community's role in the Blockchain network's success, Hoskinson recognized it.

With the goal of changing Cardano's Blockchain direction, the Chang hard fork and the Plutus V3 development tool are scheduled to deploy in the first quarter of 2024. Since the Chang hard fork will mark ADA's strategic milestone on its path toward community governance, it is much than just an update. Along with this, it will herald the launch of the highly anticipated Voltaire, in keeping with Cardano's ambitious roadmap for 2024.

Conversely, the Plutus V3 update will surely boost #ADA 's demand and performance on the PoS (proof-of-stake) network. Launching enhanced primitives and tools, giving software developers more power, and making smart contracts that are more inventive and have better performance, size, optimization, and throughput will all contribute to this goal.

Hoskinson further by saying that the dominance of carnival barkers and short-term narratives is the current problem in the business, and that AI is no different. Not long ago, Open AI was deemed too powerful, then Claude 3 and Grok 1.5, and soon Llama 3 would follow.