Cardano founder Charles Hoskinson has expressed bold confidence in the potential of the Tier 1 blockchain network and set ambitious goals for its future trajectory.
At the fourth #Cardano 2024 Summit in Buenos Aires, Argentina, Hoskinson outlined his strategic vision for the network and suggested that Cardano could rival and even surpass the achievements of major cryptocurrencies such as Bitcoin (BTC) and #Ethereum (ETH) in the next decade. He suggested that this is the case.
Addressing the Cardano community at the summit, Hoskinson noted that the network has evolved rapidly since its inception seven years ago. #Blockchain has become a multi-billion dollar network with a market value in the eleven figures, attracting millions of users worldwide. It has also become one of the largest blockchain research projects in the world with a focus on peer-reviewed academic research.
the Founder highlighted several key milestones that set Cardano apart from its peers. He praised the community's commitment to creating a reliable and secure infrastructure and emphasized the importance of scientific research in the ongoing development of the protocol. Cardano's unique approach to integrating academic research into the development roadmap has allowed the company to earn a reputation as a reliable and secure blockchain developer.
Mr. Hoskinson painted a picture of Cardano's future beyond competition with Bitcoin and Ethereum. According to him, Cardano could surpass both networks in size and influence within the next decade. The company founder envisions a world in which Cardano will become the backbone of national infrastructure, and key governments and institutions will use blockchain to manage critical services and systems.
According to Hoskinson's strategic vision, Cardano's growth will come from expanding applications and functions beyond traditional financial and decentralized applications.
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