{"id":279265,"date":"2024-04-08T04:02:27","date_gmt":"2024-04-07T22:32:27","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=279265"},"modified":"2024-04-08T04:02:27","modified_gmt":"2024-04-07T22:32:27","slug":"cardano-founder-to-ada-critics-we-are-holding-all-the-cards-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/cardano-founder-to-ada-critics-we-are-holding-all-the-cards-crypto-news\/","title":{"rendered":"Cardano Founder To ADA Critics, “We Are Holding All The Cards” – Crypto News"},"content":{"rendered":"

<\/p>\n

\n

As the new week begins, Charles Hoskinson, the vocal Cardano founder has responded to the slew of derogatory comments that the native coin of the network has received from critics recently.<\/span><\/p>\n

Charles Hoskinson Touts Cardano\u2019s Milestone<\/strong><\/h2>\n

One such criticism was from cryptocurrency enthusiast Ben Armstrong who said that <\/span>ADA<\/span><\/a> is dead. According to Stake With Pride, Ben discarded his \u201cmismanaged\u201d ADA staked pool prior to this statement. Hoskinson\u2019s response to the Cardano criticism was directed at setting the record straight to avoid misconceptions about the network.<\/span><\/p>\n

<\/p>\n

Firstly, he assured his followers on X that Cardano was holding all the cards as an ecosystem. He claims that the Cardano blockchain has the best path for scalability, governance, and innovation. Hoskinson also acknowledged the input of the community to the success of the blockchain.\u00a0<\/span><\/p>\n

Cardano planned the launch of the <\/span>Plutus V3 development tool and the Chang hardfork<\/span><\/a> for the first quarter of this year with a focus on redefining the Cardano blockchain trajectory. The Chang Hardfork is beyond an upgrade as it is also a strategic milestone in ADA\u2019s journey toward complete community governance.\u00a0<\/span><\/p>\n

<\/p>\n

Furthermore, it marks the inception of the Voltaire era and aligns with Cardano\u2019s ambitious roadmap for 2024 as outlined in the CIP-1694 proposal.<\/span><\/p>\n

<\/p>\n

Plutus V3 upgrade, on the other hand, is expected to drive demand for ADA and improve performance on the Proof-of-Stake (PoS) network. This would be achieved through the introduction of advanced primitives and tools, empowering developers to create more sophisticated smart contracts with enhanced performance, throughput, and size optimization.\u00a0<\/span><\/p>\n

Cardano Research Prowess<\/strong><\/h2>\n

Its support for the <\/span>Zero-Knowledge proofs<\/span><\/a> (ZKP) creates a path for privacy-enhanced solutions and interoperability with partner chains like Midnight, per a statement from a Cardano enthusiast. Noteworthy, <\/span>Plutus V3 was finally introduced<\/span><\/a> for testing on SanchoNet in February.\u00a0<\/span><\/p>\n

<\/p>\n

Considering the progress seen on SanchoNet, the Cardano founder stated that the Chang upgrade is coming soon, giving the community what to watch out for. In terms of research, Hoskinson highlighted that Cardano has achieved up to 209 papers that can be easily translated.<\/span><\/p>\n

\u201cThe problem with our industry is that we let short-term narratives and carnival barkers dominate the conversation. AI has the same issue. A few months ago, Open AI dominated everything, then claude 3, now we got Grok 1.5, and soon Llama 3,\u201d Hoskinson added.<\/span><\/p>\n

<\/p>\n

\n
\n

\u2713 Share:<\/p>\n

<\/a><\/p>\n

\n <\/p>\n

<\/a>\n <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

<!– <\/p>\n

\n
\n
\n
\n

<\/p>\n

\"\"<\/div>\n
Top Crypto Marketing Firms \/ Agencies 2023; Here\u2019s Best Picks [Updated]\n <\/div>\n

<\/a><\/p><\/div>\n<\/p><\/div>\n

\n
\n

<\/p>\n

\"\"<\/div>\n
Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n

<\/a><\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n

–><\/p>\n

\n
\n
\n
\n
\n<!–<\/p>\n
<\/div>\n

–><\/p>\n

\n

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on Twitter<\/a>, Linkedin<\/a> <\/p><\/div>\n<\/p><\/div>\n

\n \"\"\"\" <\/div>\n<\/p><\/div>\n<\/p><\/div>\n
\n

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n

<!– <\/p>\n

\n
\n Crypto Stories<\/span><\/p>\n

View all<\/a>\n <\/div>\n

\n
\n
\n
\n <\/p>\n
\"5<\/div>\n
5 Important Highlights from the Recent Fed Meeting <\/div>\n

<\/a>\n <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

\n
\n
\n <\/p>\n
\"ChatGPT's<\/div>\n
ChatGPT\u2019s Next Big Upgrade: What You Need to Know <\/div>\n

<\/a>\n <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

\n
\n
\n <\/p>\n
\"5<\/div>\n
5 Reasons behind Mega Bank\u2019s 2024 Ethereum Price Prediction <\/div>\n

<\/a>\n <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n

–><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

As the new week begins, Charles Hoskinson, the vocal Cardano founder has responded to the slew of derogatory comments that the native coin of the network has received from critics recently. Charles Hoskinson Touts Cardano\u2019s Milestone One such criticism was from cryptocurrency enthusiast Ben Armstrong who said that ADA is dead. According to Stake With […]<\/p>\n","protected":false},"author":2,"featured_media":279269,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-279265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/279265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=279265"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/279265\/revisions"}],"predecessor-version":[{"id":279273,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/279265\/revisions\/279273"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/279269"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=279265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=279265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=279265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}