Cardano

Charles Hoskinson, the founder of Cardano (ADA), has addressed the increasing skepticism and criticism surrounding his project on social media.In his remarks, Charles emphasized that the discontent expressed is not indicative of failure but a reflection of the changes ADA is experiencing with its new governance model, Voltaire. He believes these reactions are a natural part of the transition and should not be seen as a sign of decline.<h2 id="header-0">Voltaire Aims to Tackle Long-standing Issues</h2>Hoskinson clarified that the rollout of Voltaire is a long-term initiative designed to resolve structural issues that have built up over time. This includes addressing unresolved elements of the project’s roadmap and ensuring that growth strategies are adequately funded.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/73c9a4ac3ca7411db199dc00b6bda9bc.jpeg" />He pointed out that previous governance mechanisms were inadequate in meeting the ecosystem&#39;s demands. With Voltaire implemented, he is optimistic that a solid groundwork is now in place to effectively tackle these challenges and promote sustainable growth moving forward.Hoskinson also voiced his concerns about some Cardano-related projects, like Midnight, which are struggling with custody and liquidity issues. Despite these hurdles, he remains committed to a governance model that aligns with the interests of ADA users, emphasizing that the new structure is well-equipped to support both current and future initiatives.<h2 id="header-1">Prioritizing Transparency</h2>A key point Hoskinson underscored is Cardano’s commitment to transparency in its operations. Unlike other projects that operate more discreetly, ADA has embraced an open approach, which he acknowledges makes it susceptible to criticism. Nevertheless, he stands by this commitment, asserting that transparency is vital for fostering sustainable development in the long run.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/365f1abb03e3410195a918e8c6e24618.jpeg" />Additionally, Hoskinson dismissed any links to traditional financial entities like BlackRock or Wall Street. He stated that, in contrast to other projects influenced by such institutions, Cardano remains a true cryptocurrency dedicated to genuine growth, free from external manipulation, and focused on delivering real value to its community.

Charles Hoskinson Recognizes Changes in Cardano Sentiment but Upholds the Vision of Voltaire

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