#CharlesHoskinson , the visionary behind Cardano, is doubling down on his decade-long mission as the blockchain enters what he calls the Age of Voltaire. Hoskinson remains resolute in his plan to ensure Cardano’s future lies in the hands of its community, despite critics and challenges.

“𝐅𝐨𝐫 𝐭𝐡𝐨𝐬𝐞 𝐰𝐡𝐨 𝐤𝐧𝐨𝐰 𝐦𝐞, 𝐭𝐡𝐢𝐬 𝐰𝐨𝐧’𝐭 𝐜𝐨𝐦𝐞 𝐚𝐬 𝐚 𝐬𝐮𝐫𝐩𝐫𝐢𝐬𝐞,”Hoskinson stated, addressing both supporters and skeptics. “I’ve spent the last ten years devoted to Cardano. Yes, mistakes were made, but I’ve never compromised the community for personal gain or strayed from the original roadmap.” As Cardano pushes toward decentralized governance in 2025, the blockchain's transformation hinges on two key goals: approving its constitution and securing its budget. Charles is adamant that no obstacle will derail this transition. “My final responsibility is to ensure this shift happens. Nothing and no one will stand in the way of that.”

𝐂𝐚𝐫𝐝𝐚𝐧𝐨’𝐬 𝐌𝐢𝐥𝐞𝐬𝐭𝐨𝐧𝐞𝐬: 𝐀 𝐃𝐞𝐜𝐚𝐝𝐞 𝐨𝐟
𝐏𝐫𝐨𝐠𝐫𝐞𝐬𝐬💥

Cardano has been steadily building its reputation as a blockchain powerhouse, achieving groundbreaking milestones in 2024. The release of Plutus V3, the latest version of its smart contract platform, empowered developers to create advanced decentralized applications (DApps). This upgrade boosted the number of deployed smart contracts from just over 8,000 in January to more than 105,500 by year’s end, showcasing Cardano’s rapid growth.

Another key achievement was the unveiling of Midnight, a protocol designed to prioritize user privacy and regulatory compliance using zero-knowledge proofs (#ZKPs ). Aimed at unlocking trillions in unrealized crypto potential, Midnight provides users and developers with robust tools to secure their data. Meanwhile, the Chang hard fork revolutionized governance by introducing Delegate Representatives (#DReps ), giving the community unprecedented control over decision-making. The Hydra Layer-2 solution, also launched in 2024, promises to enhance scalability by processing transactions across multiple layers, ensuring the network remains fast and efficient as more DApps come online.

𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐀𝐡𝐞𝐚𝐝: 𝐂𝐫𝐢𝐭𝐢𝐜𝐬, 𝐌𝐚𝐫𝐤𝐞𝐭 𝐕𝐨𝐥𝐚𝐭𝐢𝐥𝐢𝐭𝐲, 𝐚𝐧𝐝 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐥 𝐒𝐭𝐫𝐮𝐠𝐠𝐥𝐞𝐬🚀

Despite these advancements, Hoskinson has faced criticism from within and outside the Cardano community. Some external skeptics label the platform as overvalued, pointing to ADA’s high market cap relative to its perceived utility. Forbes even dubbed ADA a “zombie crypto.” Internally, tensions flared in November when a viral comment referred to Charles as “the cancer of Cardano.” A subsequent poll revealed that 43% of users were dissatisfied with his leadership, signaling room for improvement.

On the market side, $ADA ’s price has experienced volatility, from a low of $0.34 after an $18 million token unlock to a recovery at $0.85 by December. Similarly, the blockchain’s Total Value Locked (TVL) in DeFi saw a decline, dropping from $700 million to $478 million over the year.

Yet, through it all, Hoskinson remains steadfast, determined to lead Cardano through its final transformation. With its technological advancements and an unyielding commitment to decentralization, Cardano’s next chapter may very well redefine its place in the blockchain world.

#BitcoinInSwissReserves
#Cardano #Blockchain #CharlesHoskinson #Crypto $ADA

Charles Hoskinson, who started Cardano, is looking for support from both parties for cryptocurrency rules by talking with Democratic senators, especially Senator John Fetterman. His plan is to make rules that match the fast changes in digital assets and encourage teamwork among political parties.
Hoskinson believes that crypto goes beyond political divisions, highlighting the need for lawmakers from all parties to come together and look into the advantages that cryptocurrencies can bring to the country.
Hoskinson sees Senator Fetterman as an important ally. He appreciates Fetterman’s leadership, which promotes questioning party norms and welcoming new ideas.
Fetterman has attracted attention for his view on political issues, especially his thoughts on why Donald Trump appeals to voters who believe he embodies their idea of the American way of life.
Hoskinson has expressed worries that the current political situation, especially the Biden administration’s position and criticism from people like Senator Elizabeth Warren, is slowing down innovation in the crypto industry. He thinks the industry is being unfairly singled out during political conflicts, which might hold back its growth and potential.
Hoskinson is pushing for a “Crypto Users Bill of Rights” to solve important problems like protecting consumers, ensuring fair taxes, and defining asset categories clearly. This proposal is part of his larger plan, “Operation Baseline,” aimed at finding problems in the U.S. cryptocurrency market and advocating for legislative fixes.
Hoskinson is showing how cryptocurrency can bring people together in politics, promoting a modern way to regulate that could help the whole industry.

#CharlesHoskinson #Cardano #CryptoRegulations #BinanceAlphaAlert #GrayscaleHorizenTrust
$ADA $BTC $ETH

Following years of effort, the first stage of Cardano’s Chang upgrade has gone live, transitioning ownership of the blockchain to holders of its native ADA token. With the upgrade, Cardano enters its final stage of development, dubbed the Voltaire era. 
Cardano, the Layer 1 blockchain founded by Ethereum co-founder Charles Hoskinson, has officially undergone the first stage of its Chang hard fork, becoming the first major blockchain to transition its centralized governance structure to a token-based decentralized governance system. 
Over the next 90 days, Cardano will undergo a full transformation to a community-led governance model overseen by an interim committee. At the end of the 90 days, the second stage of the Chang hard fork will activate, fully turning power over to its new governance bodies, which include a constitutional committee, delegate representatives, and staking pool operators. 
"The goal of the first stage is to ensure security and continuity during the governance bootstrapping phase, allowing [delegate representatives] to register and campaign for delegation, while developing and ratifying a final constitution by early 2025," Cardano's explanation reads. 
While at times Cardano ranked in the top 5 cryptocurrencies by market cap, recent dynamics have been less than favorable for the token, which fell out of the top 10 last month as TRON's TRX token and Telegram's Toncoin have grown. 
"When I reflect back at where we started as an ecosystem it was just an idea...we've grown tremendously throughout the years. There've been ups and downs, there's been a lot of disappointments, but now we are here," Hoskinson said in a video posted to X. "Now we are here today...a day where the entire ecosystem, the community, every holder of ADA stands shoulder to shoulder as equals and they all have a say in the future not just of this protocol, but what this protocol can do for everyone in the world."
$ADA #CardanoEvolution #charleshoskinson #ADABullish

The founder of #Cardano , Charles Hoskinson, expressed great joy and pride in the fact that the public test network for Cardano’s #sidechain , known as Midnight, is now active.
Midnight Testnet is Officially Launched
The Midnight team announced the launch of this test network on Tuesday, while also inviting blockchain developers from around the world to get involved in its development. Midnight is primarily aimed at organizations and developers who require #blockchain transparency but also need to protect sensitive data and maintain a balance between privacy and data utilization.
A Safe and Reliable Environment for Development
The Midnight team offers developers an environment that faithfully simulates live network conditions. This means they can work on this test network with confidence, without the concern of frequent system resets, made possible by improvements to the code base. This step is crucial as the Midnight team moves closer to launching the mainnet.
Charles Hoskinson Expresses Pride and Support
Cardano founder Charles Hoskinson ( #charleshoskinson ) did not hide his excitement over the launch of the Midnight Testnet. He acknowledged that while there are still many challenges ahead for Cardano, this step is exceptionally important and deserves significant attention. Hoskinson even added, "It’s worth sending a little love their way," expressing his gratitude to the team.
Developing Applications on Midnight
Midnight comes with programmable credentials that allow developers to choose which data will be shared on-chain and which will remain confidential. The Compact programming language, based on Typescript, is designed so that even developers with less blockchain experience can easily create smart contracts.
Community Engagement and Developer Tools
Since the launch of the devnet, the Midnight team has created several opportunities for feedback and community engagement, such as community calls and ticket sales on Discord. Future hackathons will help developers better utilize Midnight’s features. To successfully develop on Midnight, developers will need a suitable environment like macOS, Linux, or Windows WSL, as well as the necessary tools to run the node and other network components.

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Date: Mon, Sept 02, 2024, 09:45 AM GMT
In response to the Brazilian Supreme Court's recent ban on Elon Musk's social media platform, X, Charles Hoskinson, the founder of Cardano, announced his intention to create a decentralized social media platform specifically for Brazil. The ban on X, which left millions of Brazilians without a platform, has sparked widespread concern about censorship and the need for decentralized alternatives.
Hoskinson took to social media to express his thoughts on the situation, emphasizing the importance of decentralization in the face of censorship. "The consequences of censorship and why decentralization matters," Hoskinson wrote. "While Brazil has silenced our brothers and sisters on X, their work will still stand and matter to us all. We will see their delegates at the convention, and I cannot wait to recruit many Brazilians to help us build a decentralized social network."

Source: X
The Brazilian Supreme Court's decision to suspend X came after Elon Musk refused to appoint a legal representative to liaise with the Brazilian government. The ban left around 20 million users in Brazil, one of the world's most internet-connected nations, without access to the platform.
Hoskinson's plan to create a decentralized social media platform for Brazil could provide a much-needed alternative to centralized platforms that are subject to government control. By leveraging blockchain technology, this new platform aims to give users more control over their data and communication, making it more resistant to censorship.
#X #charleshoskinson #Twitter $ADA