Connect with us

News

Charles Hoskinson Defends Cardano From those who doubts its future

Published

on

Charles Hoskinson, creator of blockchain project, Cardano defends the project from critics and people doubts and undermine the prospect of the project.

Cardano is an open source blockchain platform with its native token, the ADA. Cardano is based on peer reviewed research and was created entirely from scratch as opposed to other platforms that are based on the fork of other blockchains.

In a YouTube AMA session, the creator defended the project saying 200 people are currently working on the platform with 100 specifically focused on ADA, the native cryptocurrency of the Cardano blockchain.

Charles talking about people who doubt the future of the project said “I guess some people would like to pay attention to fake news. They would like to pay attention to the latest sycophant or provocateur of the week, and they don’t seem to understand that these are among the most complicated of protocols to implement.”

The Cardano creator was describing the process of development the blockchain and cryptocurrency, said There is no code we can copy, there is no source base to fork from, and we are doing very hard things.

…We are not missing deadlines, the project is going well […] the credentials and qualifications of our engineers are clear, and it’s clear to see the quality of the software, as evidenced by the fact that 13-year old children in Wyoming were able to get stake nodes running on Raspberry Pis”

The co-founder of Ethereum continued saying “..And when you do very hard things based upon science and it’s new occasionally you have issues.”

Defending himself after a viewer questioned him regarding his employment life, Charles quickly replied he had not been fired many times. Instead he took a buyout with Bitshare because he couldn’t work with Dan Larimer.

Commenting on him leaving Ethereum, the co-founder said, there was a decision to go the profit route or remain non-for profit. Others decided the latter and so, he had to leave.

And not him only, others also left and founded their own companies that are currently competing with the second largest blockchain platform by market capitalization, Ethereum.

0 0 votes
Article Rating
Advertisement Earnathon.com
Click to comment
0 0 votes
Article Rating
Subscribe
Notify of
guest

0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Crypto News Update

Latest Episode on Inside Blockchain

Crypto Street

Advertisement



Trending

ALL Sections

Recent Posts

0
Would love your thoughts, please comment.x
()
x