|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Charles Hoskinson Responds to Cardano (ADA) Negativity: Voltaire Era Is Exactly What the Project Needed
Oct 10, 2024 at 10:14 pm
Charles Hoskinson, the founder of Cardano, has responded to the recent negativity surrounding the project on X. He says this negativity is actually a good thing
Cardano founder Charles Hoskinson has addressed the recent negativity around the project on X, highlighting its significance in the context of Voltaire.
Voltaire aims to enhance Cardano's decentralization and empower the community. This is crucial as there are several outstanding issues, such as those related to Cardano Native Assets (CNAs) and stablecoin integration, that need to be addressed.
Hoskinson explained that a buildup of grievances and unmet needs has occurred over the years, including unexplored roadmap items, underfunded growth strategies, and partnerships that are yet to launch. He expressed optimism that the new governance structure will effectively resolve these challenges.
Cardano's Voltaire phase enables the community to participate in decision-making and contribute to shaping a growth roadmap for the ecosystem.
Highlighting the need for governance that can scale with the ecosystem, Hoskinson admitted to having his own list of outstanding issues, particularly around Cardano Native Assets (CNAs).
For instance, challenges such as asset custody and liquidity still need to be addressed. However, with Voltaire's governance, there is now a glimmer of hope for resolving these issues.
Moreover, Hoskinson elaborated on what sets Cardano apart from other cryptocurrencies. Strikingly, Cardano is transparent, unlike most projects that engage in backroom dealings.
He emphasized that due to Cardano's decentralized governance, it would be difficult for anyone to manipulate the system because all the decisions are made openly.
The entire Cardano project is managed by its community, which is spread across over 100 countries. According to Hoskinson, this is why the project gets criticized but also stands out.
Cardano's focus, as described by Hoskinson, still lies on being a true cryptocurrency. He highlighted that it is one of the few projects resisting influence from large financial institutions like BlackRock and Wall Street.
The aim is long-term growth and not short-term market manipulation or financial handouts.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Warner Bros. Discovery Makes Its Big Metaverse Play With Ready Player One IP
- Oct 11, 2024 at 02:20 am
- The metaverse, while far from mainstream just yet, is teeming with major brands and entertainment companies already. Not wanting to be left behind, several of the biggest US entertainment companies, like Universal Music, clothing brands, and even restaurant chains have carved out a corner or two in the metaverse with a virtual presence or through some strategic investments.
-
- WallitIQ (WLTQ): The AI-Driven Decentralized Wallet Poised to Surpass Shiba Inu (SHIB) and Pepe (PEPE)
- Oct 11, 2024 at 02:20 am
- As the cryptocurrency landscape evolves, investors are seeking innovative solutions that promise substantial returns. However, many are now turning their attention from established tokens like Solana (SOL) and Cardano (ADA) to WallitIQ (WLTQ), an AI-driven decentralized wallet poised for explosive growth.
-
- Chasing Potential: A Whale’s Strategic Shift From Shiba Inu (SHIB) To WallitIQ (WLTQ)
- Oct 11, 2024 at 02:20 am
- There has never been a lack of dramatic headlines of wealth creation and accumulation in the continuously developing world of crypto news. One such story that caught the attention of many is that of a Shiba Inu (SHIB) whale, whose investment of $8000 grew into an astonishing $5 billion. After this successful stint, this insightful whale has taken a new path, setting his sights on the presale of a new player called WallitIQ (WLTQ).
-
- Toncoin (TON) Price Prediction: TON Experience a Strong Downtrend and Bearish Sentiment Continues to Dominate
- Oct 11, 2024 at 02:20 am
- While Bitcoin [BTC] and most altcoins have made moderate gains on monthly chats, Toncoin [TON] has followed a different path. As such, TON has experienced a sharp decline over the past month.