Cardano founder Charles Hoskinson expressed strong dissatisfaction with negative media reports, criticizing them for predicting that Cardano will decline as unfounded and ignoring the actual progress of the project.
Hoskinson explicitly refuted the idea that the Cardano network’s fundamentals are weak, noting that the media’s continued negative portrayal of the ecosystem stands in stark contrast to Cardano’s achievements.
Cardano founder refutes media's pessimistic predictions
In a sharp rebuttal this week, Hoskinson blamed the media for wrongly predicting the collapse of the Cardano blockchain network and reiterated the durability of the ecosystem. He highlighted Cardano’s remarkable growth over the years and previewed a major hard fork that he described as the most significant event in the project’s history.
Hoskinson also highlighted the rapid growth of community DApps, Cardano’s important role in scaling research and development, and upcoming major events such as Rare Evo, the Foundation Summit, and Token 2049.
He also highlighted the maturity of key technologies like Hydra, the growth of cooperative chains, and multiple initiatives including Midnight and Prism. In addition, he mentioned the active participation of the community, such as the Catalyst project and the Constitutional Conference held in Argentina.
Despite these positive developments, Hoskinson was disappointed with the negative coverage in the media, especially the unfounded speculation about Cardano’s potential collapse. He described these narratives as “deplorable” and criticized the media for the low quality and lack of depth of coverage on the Cardano ecosystem.
In his latest tweet, the IOG executive expressed his frustration, saying: “Never in my career have I seen such a huge gap between the views of crypto influencers and media on Cardano and its substantive fundamentals.”
He reiterated his belief in Cardano’s resilience and its potential to move the cryptocurrency industry forward and solve major economic, political and social problems.$ADA
The Upcoming Chang Hard Fork
The Cardano ecosystem is gearing up for the upcoming Chang hard fork, expected to take place in the first half of this year. This upgrade marks a new era in the governance of the Cardano blockchain.
The hard fork will introduce two key upgrades: Chang Upgrade 1 and Chang Upgrade 2. Chang Upgrade 1 will be responsible for implementing the governance mechanism in the Cardano network and kicking off the technical bootstrapping phase described in the SIP 1694 document, marking an important step towards decentralized voting and governance in Cardano.
On this basis, Chang Upgrade No. 2 will further deepen the implementation of SIP 1694, go beyond the technical guidance stage, and fully activate the ability of on-chain governance. This includes allowing a wider range of community members to participate in governance through delegated representatives, as well as to withdraw and manage funds. The implementation of these functions will give the Cardano community greater autonomy, enabling them to initiate, discuss and fund new projects that benefit the development of the entire ecosystem, thereby ensuring the long-term prosperity and innovation of Cardano. #Cardano #CharlesHoskinson #负面报道
Conclusion:
Charles Hoskinson strongly countered the negative media coverage of Cardano and firmly demonstrated the project's actual achievements and future goals. He made a strong case for Cardano's long-term value by highlighting the active participation of the community and technological innovation, as well as the upcoming Chang hard fork. These developments not only strengthened the confidence of the community, but also demonstrated the far-reaching impact of Cardano to the entire cryptocurrency industry.
As the hard fork approaches, Cardano will achieve significant progress in decentralized governance and community-driven project funding, further strengthening its leadership as a solution to global economic and social problems. Despite external skepticism, Cardano has demonstrated its tenacity and determination to innovate under Hoskinson's leadership.