Charles Hoskinson, the founder of Cardano, denies being affiliated with any memecoin like Freya after his controversial tweet left many investors in huge losses.
Read more on: https://thecryptobasic.com/2023/12/11/cardano-founder-says-he-has-nothing-to-do-with-projects-like-freya-or-other-nft-plays/
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Cardano founder Charles Hoskinson has taken to X to explain how decentralized protocols operate.

Read more on: https://thecryptobasic.com/2024/01/26/hoskinson-reacts-to-statement-that-cardano-cannot-advertise-like-solana/
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Cardano founder Charles Hoskinson sought to clear the air after new evidence emerged about his past involvement with the Ethereum Foundation.
Read more on: https://thecryptobasic.com/2023/11/20/cardano-founder-debunks-pathological-liar-claims-as-new-evidence-from-ethereum-days-emerges/
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#Write2Earn Cardano enthusiasts anticipate next week's 50 million #Ada giveaway, as #community eagerly awaits results of Fund11 voting for Project CatalystCardano's ecosystem is gearing up for a significant milestone as IOHK, the development company behind the blockchain, unveils the latest updates in a new weekly report. The highlight of this report is the confirmation of a massive 50 million $ADA giveaway scheduled for next week, raising the stakes for Cardano enthusiasts worldwide.In a groundbreaking development, Fund11's voting process in Project Catalyst has captured the attention of over 5,000 wallets, with more than 150,000 votes cast across 920 proposals vying for a slice of the community funding pie. This critical decision-making process has become a focal point for ADA enthusiasts, as the fate of these projects now rests in the hands of the active and engaged #CardanoCommunity .This round of voting has a laser focus on addressing key issues crucial to Cardano's growth. Proposals span a spectrum of concepts, solutions and products tailored to Cardano use cases, strategies to expand the global footprint of the ecosystem and enhancements to the Catalyst Voting System.🗳️ #ProjectCatalyst has transitioned into a celebration of all of the innovation spirit with the kickoff of #Fund11 voting.You can cast your votes until February 8, 11 AM UTC. https://t.co/e6rCLP0QLh13/n pic.twitter.com/QCyBZLY0mo— Input Output (@InputOutputHK) February 2, 2024Notably, the largest budget allocation of ADA, 11.5 million, is reserved for the Cardano Open: Developers category. This one calls on interested parties to submit projects that answer the pivotal question: what open-source tools are needed for the Cardano developer ecosystem to thrive? With 127 proposals in this category boasting diverse budgets and innovative concepts, the competition there is fierce.As ADA token holders play a central role in determining the projects with the most potential, the upcoming week promises not only a windfall for the selected projects but also heightened excitement within the Cardano community.#TrendingTopic

Barely a week after unveiling a major upgrade, Cardano-based Lace Wallet has followed up with a new version to address bugs reported by users.
Read more on: https://thecryptobasic.com/2023/11/23/cardano-lace-wallet-announces-quick-update-to-fix-new-bugs/
#cardano #CardanoUpdate #CardanoCommunity #Crypto #CryptoNews🔒📰🚫

Cardano founder Charles Hoskinson has criticized the SEC for giving Bitcoin and Ethereum a free pass while other crypto assets like ADA suffer from being labeled securities.
Read more on: https://thecryptobasic.com/2023/11/28/xrp-army-reacts-as-cardano-founder-expresses-frustration-over-sec-labeling-ada-as-security/
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Cardano founder Charles Hoskinson has thrown his weight behind John Deaton in the lawyer’s bid to replace crypto-hostile Senator Elizabeth Warren.

Read more on: https://thecryptobasic.com/2024/03/05/cardano-founder-backs-john-deaton-with-maximum-donation-against-senator-warren/
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#Write2Earn Cardano's founder, Charles Hoskinson, has outlined the monumental challenge and opportunity facing the blockchainCharles Hoskinson, the founder of #cardano , shed light on what he believes to be the most significant challenge facing the blockchain industry, particularly Cardano, in 2024. According to Hoskinson, the main hurdle is not technological but rather human: the complexity of achieving effective and efficient on-chain governance. He points out that #SatoshiNakamoto 's introduction of proof of work solved a significant problem within the digital currency space, but it pales in comparison to the intricacies involved in decentralized governance. Emphasizing the novelty and complexity of this endeavor, he suggested that achieving effective on-chain governance within Cardano could be considered "the single biggest innovation in collective governance in human history, it's worth a Nobel Prize."Decentralized governance: a new frontierHoskinson elaborates on the unprecedented nature of the task at hand, arguing that Cardano's success in implementing decentralized governance would not only be a monumental achievement in the #cryptoWorld but could also pave the way for a new era of collective governance on a global scale. "It's a much greater problem than Satoshi ever solved... It's like AI alignment; it's a super hard problem," he addedThe goal, as Hoskinson outlines, is to build a governance model that can be applied not just within Cardano, but also in corporate, club, and even governmental structures, potentially revolutionizing how societies operate and address common challenges.The impact on global governanceHoskinson doesn't shy away from the grand vision he has for Cardano, suggesting that solving the puzzle of decentralized governance could lead to the most significant transformation in human governance witnessed in our lifetimes. He reflects on historical shifts in governance and societal structures, suggesting that we are on the cusp of another major transformation that could redefine human collaboration and governance. The founder's optimism is tempered with a call to action, urging the #CardanoCommunity and beyond to remain vigilant and engaged in the pursuit of this groundbreaking innovation."Every 50 to 100 years, the whole human race reboots the way things work, and this is the next reboot cycle that we're going through right now," he stressed. 

Helius Labs founder Mert Muntaz has called out XRP and Cardano (ADA) as two hyped chains without basis, a position that has stirred a heated debate.
Read more on: https://thecryptobasic.com/2023/12/04/helius-labs-ceo-asks-how-xrp-and-cardano-are-still-around-community-sets-him-straight/
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