Charles Hoskinson Criticizes Media’s Unfair Coverage of Cardano

2024-6-9 19:16

Charles Hoskinson, founder of Cardano, has voiced frustration over what he perceives as unfair media coverage of the blockchain network.

In a recent post on X, he highlighted a disconnect between Cardano’s capabilities and its public perception.

Hoskinson Laments Cardano’s Media Coverage

Hoskinson pointed out that despite numerous positive developments in recent months, media outlets and crypto influencers persistently portray Cardano as a failure. He criticized this narrative, emphasizing recent ecosystem advancements, including an upcoming hard fork. Hoskinson further asserted that Cardano will continue to thrive and provide solutions.

“It’s beyond pathetic and just reflects on the low quality and low effort they put into our ecosystem. Cardano is here to stay, and it’s a juggernaut that will drag this industry kicking and screaming if it has to towards solving the real-world economic, political, and social issues we all face,” Hoskinson said.

Read more: Who Is Charles Hoskinson, the Founder of Cardano?

In response to the perceived bias, Hoskinson contemplates creating a not-for-profit media decentralized autonomous organization (DAO). Hoskinson said this DAO would focus on ensuring fair reporting within the crypto industry.

So, he initiated a poll on X to gauge community support for using the Cardano Treasury to fund the DAO. Notably, 70% of the respondents favor the move, with voting expected to end by July 13.

Meanwhile, this is not the first time Hoskinson has addressed Cardano’s critics. The blockchain has faced scrutiny for not meeting expectations compared to peers like Ethereum and Solana and complaints over its ADA token price struggles.

Earlier in the year, Forbes included Cardano in its “zombie chain” list, claiming the network’s value is primarily driven by Hoskinson’s popularity. Additionally, Cardano has seen limited adoption in decentralized finance (DeFi), with its DEX trading volume representing just 0.04% of the market.

Nevertheless, Cardano continues to highlight its technological advancements. The network is at the forefront of scaling research and development and has recently partnered with a province in Argentina to promote crypto adoption.

Read more: Cardano (ADA) Price Prediction 2024/2025/2030

Cardano’s development. Source: Input Output

It is also set to undergo a major hard fork in the second half of 2024. Additionally, Input Output, the company behind Cardano, reports that developers are currently building 1,362 projects on the blockchain, which has processed approximately 92 million transactions.

The post Charles Hoskinson Criticizes Media’s Unfair Coverage of Cardano appeared first on BeInCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Social Media Coin (SMAC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 SMAC

media cardano hoskinson charles coverage unfair criticizes

Источник: beincrypto.com

media cardano → Результатов: 80


Фото:

Walmart’s Future Crypto Plans: No Litecoin In The Picture – Will Bitcoin, Solana, or Cardano Be Accepted By The Retail Giant?

America’s mega retail giant, Walmart may be nursing plans to delve into crypto, according to a recently posted crypto vacancy, but that plan does not include Litecoin (LTC).  In an interview with Bloomberg, a Walmart media correspondent debunked rumors of an impending partnership between the retail giant and Litecoin.

2021-9-15 21:33


Charles Hoskinson Claims Shelley, Gauguin and RENA Protocol Would Enhance the Cardano Ecosystem

Charles Hoskinson the founder of Cardano blockchain is known for his entrepreneurial mind as well as mathematical skills. He often engages with his followers through social media and live streams. In a recent video, he was seen talking about the RENA protocol and its influence on the crypto space. He also talked about the pre-existing […]

2019-6-8 20:18


Shortly after it was greeted with Disapproval from Cardano’s founder, CEO of Binance speaks on the JP Morgan and Facebook Cryptocurrencies

Upon the announcement of the inclusion of cryptocurrency to social media giant Facebook alongside the recent involvement of top U. S bank JP Morgan in cryptocurrency, the entire crypto-community has welcomed the news with mixed reactions, most of which were of opposition.

2019-3-10 23:03


Уолл-стрит может принести триллионы долларов в криптосектор

Чарльз Хоскинсон, соучредитель альткоина Cardano (ADA), написал в твиттере, что Уолл-стрит приведёт «десятки триллионов долларов» в криптосектор. What's often missed by the cryptocurrency is going to die broken record media is that after the next wave of regulation, wall street is showing up to the party with all their locked up capital. That's tens of […]

2018-6-25 15:46


Сооснователь Cardano: Уолл-стрит принесет на крипторынок большие деньги

Сооснователь виртуальной валюты Cardano Чарльз Хоскинсон (Charles Hoskinson) считает, что Уолл-стрит может принести рынку цифровых денег «десятки триллионов долларов». Такое мнение предприниматель высказал в Twitter.

2018-6-25 12:05


Чарльз Хоскинсон: Уолл-стрит может принести триллионы долларов в криптосектор

Чарльз Хоскинсон, соучредитель альткоина Cardano (ADA), написал в твиттере, что Уолл-стрит приведет «десятки триллионов долларов» в криптосектор. What's often missed by the cryptocurrency is going to die broken record media is that after the next wave of regulation, wall street is showing up to the party with all their locked up capital.

2018-6-24 11:40


дальше еще 31 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Cardano’s Governance Shifts to ADA Holders With Historic Chang Hard Fork

Cardano’s Chang hard fork shifts governance control to ADA holders, introducing a decentralized model with new user-led bodies. Despite this milestone, ADA’s market value declined by 3.72%. The post Cardano’s Governance Shifts to ADA Holders With Historic Chang Hard Fork appeared first on BeInCrypto.