{"id":39344,"date":"2024-10-11T07:26:58","date_gmt":"2024-10-11T07:26:58","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/charles-hoskinson-debunks-claims-of-cardanos-decline-highlights-misunderstood-sentiment\/"},"modified":"2024-10-11T07:26:58","modified_gmt":"2024-10-11T07:26:58","slug":"charles-hoskinson-debunks-claims-of-cardanos-decline-highlights-misunderstood-sentiment","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/charles-hoskinson-debunks-claims-of-cardanos-decline-highlights-misunderstood-sentiment\/","title":{"rendered":"Charles Hoskinson Debunks Claims of Cardano\u2019s Decline, Highlights Misunderstood Sentiment"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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The CEO of Input Output Hong Kong (IOHK) and co-creator of Cardano (ADA), Charles Hoskinson<\/a>, has categorically denied any notion that Cardano is a dying blockchain project. He made note of the criticism in a recent social media post on X, pointing out that Voltaire, the platform\u2019s most recent update, had fixed governance flaws.<\/p>\n

Governance Challenges Now Addressed<\/h2>\n

Hoskinson explained that much of the negative sentiment surrounding Cardano was due to its governance system\u2019s inability to keep up with the platform\u2019s growth. However, he noted that the Voltaire update, launched in September, addresses these concerns. \u201cThere have been years of pent-up grievances, unexplored roadmap items, unfunded growth strategies, and needed partnerships that haven\u2019t been addressed due to Cardano\u2019s governance not scaling to meet the needs of the ecosystem,\u201d<\/em> he said.<\/p>\n

The Voltaire update has brought new features to the blockchain, enabling decentralized governance through a voting and treasury system. This change is expected to significantly enhance the platform\u2019s ability to adapt and grow, according to Hoskinson. \u201cNow that Voltaire is here, the new governance is capable of listening and adapting to meet these needs and also executing a new roadmap to grow the ecosystem dramatically.\u201d<\/em><\/p>\n

Hoskinson emphasized that, far from being a dying project, Cardano is thriving thanks to its open and transparent governance model. He added that this transparency sets Cardano apart from other blockchain platforms. \u201cThe difference between Cardano and the rest of the cryptocurrency space is that we all do this together and out in the open,\u201d<\/em> he stated. He criticized other platforms for \u201cbackroom deals and dirty tricks,\u201d adding that Cardano\u2019s focus is on long-term growth and integrity.<\/p>\n

Cardano\u2019s on-chain governance, spanning over 100 countries, ensures that the community has a significant say in the platform\u2019s future. Hoskinson also dismissed the idea that short-term market manipulation could influence Cardano\u2019s trajectory. \u201cShort-term thinking, market manipulation, and companies seeking a handout have no role or place here,\u201d<\/em> he said.<\/p>\n

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Source link <\/a>
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(Originally posted on : Crypto News – iGaming.org ) The CEO of Input Output Hong Kong (IOHK) and co-creator of Cardano (ADA), Charles Hoskinson, has categorically denied any notion that Cardano is a dying blockchain project. He made note of the criticism in a recent social media post on X, pointing out that Voltaire, the […]<\/p>\n","protected":false},"author":34,"featured_media":39345,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/39344"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=39344"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/39344\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/39345"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=39344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=39344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=39344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}