Charles Hoskinson Envisions Cardano [ADA] As The First Trillion Dollar Cryptocurrency

Charles Hoskinson Envisions Cardano [ADA] As The First Trillion Dollar Cryptocurrency
фото показано с : ethereumworldnews.com

2018-7-23 02:30

Cardano continues to gain fans and increase its popularity in crypto-verse. The famous third-generation blockchain has managed to keep followers excited about its development as every new advance the team publishes is celebrated and divulged by the community.

Recently, Charles Hoskinson, CEO of IOHK and co-founder of Cardano, commented on his vision of what Cardano might be in the future. In a session with EMURGO, a blockchain startup incubator, he discussed on his hopes for global adoption of Cardano.

“I would love to see Cardano as the first trillion dollar cryptocurrency and the reason being is that that would effectively mean that we have built a self-sustaining economy.”

Charles Hoskinson

According to coinmarketcap data, at the time of writing, Cardano (ADA) has a circulating supply of 4.5 Bn USD. Mr. Hoskinson’s dream seems far-reaching; however it is important to mention that Cardano has not yet consolidated its mainnet and is still a work in progress.

The fact that it is in the top 10 of the most important cryptos is an indication of the public’s confidence in the Cardano project. Currently, in the Top 10, only Cardano and IOTA are the only cryptos that do not have a fully developed blockchain (not counting USDT which has a different nature from the rest of the tokens).

Adoption Over Profit: Cardano Community Follows Mr. Hoskinson

He also commented that profit does not primarily motivate his vision of Cardano as a trillion-dollar project. Should Cardano (ADA) become such a highly valued crypto would mean that the Cardano project achieved a level of global adoption beyond being a token for a small group of users:

“I would love to see ADA achieve that level of prominence or currencies connected to ADA achieve that level of prominence because then it basically means that we built a private system that has built-in consistency and fair rules for everybody in the world, not just for the people who happen to be very privileged.”

He also commented that Cardano’s community shares his vision. According to him, a lot of Cardano users are more than just speculators. For him, while some cryptocurrencies like Bitcoin (BTC) have users who are looking to sell as soon as prices rise just to switch their profits into fiat, Cardano users have a real interest in the development of the project. That’s why the community is so active.

To follow the Cardano project closely, visit the IOHK website, or subscribe to the Ethereum World News channel to receive the latest news about this project.

The post Charles Hoskinson Envisions Cardano [ADA] As The First Trillion Dollar Cryptocurrency appeared first on Ethereum World News.

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Cardano (ADA) на Currencies.ru

$ 0.2488 (-0.22%)
Объем 24H $435.024m
Изменеия 24h: -4.97 %, 7d: 4.12 %
Cегодня L: $0.2483 - H: $0.2542
Капитализация $8.98b Rank 12
Цена в час новости $ 0.176317 (41.11%)

cardano hoskinson charles dollar envisions trillion cryptocurrency

Источник: ethereumworldnews.com

cardano hoskinson → Результатов: 45


Откуда у Хоскинсона столько денег?

Основатель Cardano Чарльз Хоскинсон удивил всех новым признанием: оказывается, он потратил $450 млн из своих личных средств на развитие экосистемы Cardano. Хоскинсон создавал Cardano с нуля с 2017 года, и даже сейчас, несмотря на скептицизм и критику, продолжает инвестировать в свой проект.

2024-11-5 14:37


Чарльз Хоскинсон разошелся во мнении с разработчиками Cardano

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2022-8-19 19:59


Cardano Founder Wants To Resurrect The Woolly Mammoth, How Does Blockchain Fit In?

Cardano founder Charles Hoskinson has shown interest in helping bring back the woolly mammoth by participating in an investment round that was just concluded. Hoskinson who was co-founder of Ethereum and later founded his own blockchain Cardano was one of the multiple investors that participated in an investment round in Colossal, to help them bring […]

2022-3-16 02:00


Фото:

Charles Hoskinson To Critics: There Are Already Thousands Of Assets Running On Cardano

Cardano creator Charles Hoskinson took to Twitter to blast critics who claimed that his forecast from July 2020 failed to materialize. At the time, Hoskinson predicted that there would be hundreds of assets on Cardano, thousands of DApps, and a series of interesting projects on the network within a year. While Cardano bulls have been […]

2021-7-6 18:04


Чарльз Хоскинсон рассказал, чем хорош Cardano

Создатель Cardano Чарльз Хоскинсон прокомментировал страх, неуверенность и сомнения (FUD), окружающие пятую по величине рыночной капитализации криптовалюту из-за её стремительного роста. Он раскритиковал критиков и скептиков за распространение слухов о том, что Cardano – это сеть призраков или платформа без реального варианта использования.

2021-3-24 12:58


Ethereum's first-mover advantage in capturing monopoly 'means nothing:' Cardano's Hoskinson

According to Cardano Founder Charles Hoskinson, Ethereum’s first-mover advantage will not be a threat to Cardano’s dominance as a blockchain. In a recent video on YouTube, the IOHK CEO revealed thThe post Ethereum's first-mover advantage in capturing monopoly 'means nothing:' Cardano's Hoskinson appeared first on AMBCrypto.

2021-2-17 19:30


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