Charles Hoskinson Says Cardano (ADA) Is on the Brink of Its Biggest Governance Upgrade Ever

Charles Hoskinson recently appeared on Thinking Crypto's latest podcast. The founder said that Cardano is on the brink of its biggest governance upgrade ever

Cardano founder Charles Hoskinson recently graced Thinking Crypto's latest podcast episode, where he shared his insights on the upcoming governance upgrade, scalability plans, and the thriving Cardano community. However, he also expressed frustration over claims that Cardano is dead or no longer relevant.

During the podcast, Hoskinson highlighted the significant growth within the Cardano ecosystem, with several DeFi projects and dApps being developed internally, without external funding or influences. He also mentioned the active community involvement in events like Rare Evo and the Cardano Foundation Summit.

Despite these developments, Hoskinson pointed out the lack of acknowledgement from crypto media, suggesting that crypto VCs might be influencing the situation to ensure capital doesn't flow to Cardano because they are backing specific assets.

Here's a summary of some of the key points discussed in the podcast:

* Charles Hoskinson recently appeared on Thinking Crypto’s latest podcast.

* The founder shared updates on Cardano’s upcoming biggest governance upgrade.

* He also opened up about their strong scalability plans.

* Charles highlighted the active community involvement in events like Rare Evo and the Cardano Foundation Summit.

* He spoke about the growing ecosystem of DeFi projects and dApps developed internally.

* Charles expressed frustration at constant claims on platforms like Twitter and in crypto media that Cardano is dead or irrelevant.

* He said, “I think there’s a great impatience where people don’t see the price moving up and so they instantly infer, well if that’s the case, it must mean that it’s a dead ecosystem and it’s in a great decline.”

* The founder stressed that the community rarely gets lost; instead, it often develops an immune system that naturally pushes out incompatible projects.

* Without naming names, he mentioned that some projects do disappear, but this is part of a healthy, vibrant ecosystem.

* The continuous growth, evolution, and tackling of significant challenges indicate that the ecosystem will thrive for the next 5, 10, or 20 years.

* “I think the biggest issue in marketing right now is the preconceived notions that have taken root. Figures like Arthur Hayes and Raoul Pal throw shade at us, dancing around the issue, but they belong to previous generations,” he added.

* Despite this growth, he noted the lack of acknowledgement from crypto media.

* He suggested that crypto VCs might be pulling strings to ensure capital doesn’t flow to Cardano because they are backing specific assets.

* Also Read: Majority of Top 20 Cryptocurrencies Experience Double-Digit Losses: What’s Behind the Crypto Bloodbath?

News source：https://www.kdj.com/cryptocurrencies-news/articles/charles-hoskinson-cardano-ada-brink-biggest-governance-upgrade.html

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