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Cardano's founders have accused the #cryptocurrency media of being "pathetically" negative towards #Cardano .
Hoskinson highlighted important events that will happen over the next 6 months.
Charles Hoskinson, founder of Cardano (ADA), wrote on the x website expressing his disdain for members of the cryptocurrency media, noting the "profound discrepancy between reality and the opinions of cryptocurrency authorities and the media regarding Cardano and its real fundamentals. ""
In my career, I have never seen such a profound divergence between reality and opinion, with cryptocurrency authorities and the media knowing more about Cardano than the actual underpinnings.
Hoskinson noted that Cardano's #blockchain is rapidly evolving and some developments are underway. The upcoming #hardfork is a new beginning for the blockchain and will bring significant updates. This fork is being implemented in 2 phases: Chang update number one and Chang update number two.
Hoskinson said that the Cardano dApps community has seen significant growth and the blockchain is leading the industry in scaling Rand. He also mentioned technologies such as Hydra, partner networks, Midnight and Prism, community events, Catalyst and Argentina's Constitutional Convention, adding that there are a lot of good things happening in blockchain.
The IOHK founders also talked about events that are very important for Cardano, such as Rare Evo, a blockchain conference, Cardano Summit, a global blockchain event and another major event, Token1, 2049. Hoskinson concluded::
"It's just pathetic, and it speaks to the low quality and little effort they put into our ecosystem. Cardano is here to stay, and if need be, it is this powerful force that will pull, kick and scream the entire industry to solve the real economic, political and social problems we all face.

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Introduction
Blockchain forks are pivotal events in the world of cryptocurrencies, often sparking significant changes in the technology and economy of digital assets. Understanding the concept of forks is essential for anyone involved in the crypto space, whether you're an investor, developer, or enthusiast.
What is a Blockchain Fork?
A blockchain fork occurs when a blockchain splits into two separate chains, usually because of disagreements within the community or updates to the protocol. There are two main types of forks:
Hard ForksA hard fork creates a permanent divergence in the blockchain, leading to two distinct networks that are not compatible with each other. When a hard fork occurs, nodes that continue on the old chain cannot interact with those on the new chain. This split often results in the creation of a new cryptocurrency. For instance, Bitcoin Cash emerged from a hard fork in the Bitcoin blockchain.Soft ForksUnlike a hard fork, a soft fork is a backward-compatible update, meaning that nodes that don’t upgrade to the new version can still participate in validating and verifying transactions on the blockchain. A soft fork typically results in only one blockchain, with nodes that adopt the new rules able to interact with those that haven’t, although the latter may have some limitations.
Why Do Forks Happen?
Forks can occur for various reasons, including:
Upgrading the Protocol: To introduce new features, improve security, or increase the network's efficiency.Disagreements within the Community: Different groups may have conflicting visions for the future of the cryptocurrency, leading to a split.Addressing Security Issues: A fork may be necessary to resolve vulnerabilities that could compromise the blockchain.
Impact of Forks on the Market
Forks can have a significant impact on the market, influencing the value of the cryptocurrency involved. For instance, a hard fork that results in the creation of a new coin can lead to price volatility as traders and investors decide which chain to support. Moreover, forks can affect the security and functionality of the network, making it crucial for users to stay informed about upcoming forks and their potential implications.
Conclusion
Understanding blockchain forks is vital for navigating the cryptocurrency landscape. Whether it’s a hard fork that leads to a new cryptocurrency or a soft fork that updates the protocol, these events can shape the future of blockchain technology. Staying informed about upcoming forks can help you make better decisions, whether you're investing, developing, or simply participating in the crypto community.
This article provides a comprehensive overview of blockchain forks, explaining their types, causes, and impact on the market, aiming to educate readers about this crucial aspect of cryptocurrency technology.
#BlockchainForks #fork #hardfork #softfork

Despite recent ADA price volatility, the Cardano ecosystem is experiencing rapid growth and is characterized by significant progress on various projects.

The #Cardano consensus team made significant progress this week, with a focus on improving performance and interoperability. According to the latest weekly development report, scaling solutions such as Hydra node version 0.17. 0 have been significantly improved and the Mithril team's transactional capabilities have been enhanced to improve efficiency. The report also reports a significant increase in the number of transactions, token policies, and Plutus scripts.
In addition, the report highlights important steps taken towards the Chang #hardfork , which is scheduled for Q3 this year and will be a turning point for Cardano. Specifically, this update marks a new era of decentralized governance and smart contract capabilities. Earlier this week, Cardano founder Charles Hoskinson revealed plans for the next Interim Constitutional Commission (ICC) election, an important step towards decentralized governance ahead of the Chang hardfork.
The election process, which is set to begin on May 6, will include a betting-based voting process available to all #ADA holders. This ensures that the community's preferences are expressed democratically as Cardano enters the so-called "Voltaire era.
In addition, the report states that work is underway to improve the governance mechanism, as well as joining the community and testing the SanchoNet test network to create a robust and comprehensive system. \n However, amid the success of these developments, ADA prices continue to be under downward pressure, having fallen more than 3% since its peak in March '45. Cardano lost its place in terms of market capitalization to Dogecoin (DOGE) this week, dropping to ninth place.
Analysts view the current price range as a significant accumulation zone, which could indicate an impending price reversal.

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