Charles Hoskinson, founder of Cardano (ADA), recently addressed the crypto community during his European tour, dispelling rumors about his commitment to ADA and sharing insights on Sui, a high-throughput blockchain project.
Hoskinson’s Balanced Perspective on Blockchain Innovation
In a video update, Hoskinson criticized the polarized nature of the crypto space:
“People anticipate the founder of Cardano to always say negative things about other projects. If I say anything positive, it’s misinterpreted as abandoning ADA.”
He emphasized the importance of objectivity, praising Sui’s consensus protocol (Narwhal and Tusk) developed by researcher George Danezis, while clarifying:
- He holds no Sui tokens and is uninvolved with the project.
- His interest lies solely in the technology, not tokenomics or distribution.
Cardano’s Technological Edge and Future Roadmap
Hoskinson reaffirmed ADA’s superiority, highlighting:
- Ouroboros Leios Protocol: Poised to be the fastest single-shard protocol.
- Governance: Over 500 decentralized representatives (DReps) now participate.
- Ecosystem Growth: Focus on long-term scalability and real-world adoption.
👉 Explore Cardano’s latest developments
Addressing Misconceptions
Hoskinson dismissed claims that Cardano’s tech is outdated:
“Ethereum is desperate to emulate Cardano—on-chain governance, liquid staking, UTXO integration.”
Cardano’s Long-Term Vision
Hoskinson’s bold projection:
“Cardano will become the largest cryptocurrency ecosystem globally, driven by millions collaborating over decades.”
He concluded with unwavering dedication:
“I’m here to stay. Cardano is built to reshape global systems.”
FAQ Section
Q: Is Charles Hoskinson leaving Cardano for Sui?
A: No. Hoskinson praised Sui’s tech but remains fully committed to ADA.
Q: What makes Cardano unique?
A: Its focus on decentralized governance, scalable protocols (like Ouroboros Leios), and real-world utility.
Q: How does Cardano compare to Ethereum?
A: Hoskinson argues Cardano’s design surpasses Ethereum in governance, staking, and UTXO integration.
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At press time, ADA traded at $0.36.
Editorial Note: Content is independently researched and reviewed for accuracy.
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