Cardano founder blasts crypto media for the “pathetic” negativity towards Cardano.
Hoskinson highlighted key developments set to occur in the upcoming six months.
Community builder points the media to Cardano newsletter for latest updates.
Cardano (ADA) founder, Charles Hoskinson, posted on X, expressing his disdain for a few in the crypto media, highlighting the “profound disconnect between reality and opinion with the cryptocurrency influencer and media perception of Cardano versus its actual fundamentals.”
Never in my career have I seen such a profound disconnect between reality and opinion with the cryptocurrency influencer and media perception of Cardano versus its actual fundamentals. We are on the verge of the most significant hard fork in the history of the project, tons of…
— Charles Hoskinson (@IOHK_Charles) June 6, 2024
Hoskinson pointed out that the Cardano blockchain is rapidly evolving, with several developments in progress. The upcoming hard fork is a new beginning for the blockchain that introduces substantial upgrades. The fork is to be implemented in two phases: Chang Upgrade Number One and Chang Upgrade Number Two.
Hoskinson said that there has been remarkable growth in the community of dApps on Cardano, and the blockchain is even leading the industry in R&D scaling. He also added that a lot of good things are happening on the blockchain, listing technologies like Hydra, partner chains, Midnight, and Prism, as well as community events, Catalyst, and the constitutional convention in Argentina.
The IOHK founder also highlighted several events that would be huge within Cardano, including Rare Evo, a blockchain convention; Cardano summit, a global blockchain event; and Token 2049, another major event. Hoskinson concluded by stating:
“It’s beyond pathetic and just reflects on the low quality and low effort they put into our ecosystem. Cardano is here to stay, and it’s a juggernaut that will drag this industry kicking and screaming if it has to towards solving the real-world economic, political, and social issues we all face.”
Hoskinson urged crypto media to rather focus on the following Cardano events:
Major blockchain upgrade: Significant hard fork to enhance features and capabilities.
Booming dApp ecosystem: Rapid growth of decentralized applications on Cardano.
Scaling Innovation: Leading R&D in blockchain scalability.
High-profile events: Participation in Rare Evo, Cardano Summit, and Token 2049.
Hydra scaling solution: Maturing technology to significantly boost transaction speed.
Community-driven initiatives: Events, catalyst projects that focus on real-world impact.
Hoskinson expressed his disappointment within parts of the crypto media, stating that he sees a focus on headlines like “Will Cardano die?” while overlooking the numerous positive developments and blockchain advancements that are due in coming months.
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