Charles Hoskinson points to 2 major upgrades amid Cardano ‘dunking’

The Cardano founder is fighting FUD again following a BitBoy video claiming ADA is dead.

Cardano founder Charles Hoskinson has his eye on two major upgrades — at least one of which is slated for this year — for the Cardano network amid a recent flood of criticism over its native token and ecosystem.

“We are holding all the cards as an ecosystem,” Hoskinson said in an April 7 post on X in response to recent pessimism about the blockchain.

“We have the best path for scalability, governance, and innovation. We also have the best community,” he added in response to “all the dunking on Cardano.”

Hoskinson’s optimism was fueled mainly by the upcoming Chang hard fork, seen as one of the network’s biggest hard forks since the 2022 Vasil upgrade and slated for the second quarter of this year.

Chang is the first hard fork of the Voltaire era of Cardano’s roadmap, which will introduce the concept of community-run governance to the blockchain by enabling on-chain community consensus and allowing Cardano’s ADA
ADA  tickers down$0.60 holders to use their tokens to vote on proposals.

It’s seen as enabling the network to become fully decentralized by introducing community governance.

“Chang is coming soon as measured by progress on SanchoNet.”
Throughout the rest of this year, the transition will introduce Delegate Representatives (DReps), involve a Cardano Constitution Convention event, and a Cardano community vote to ratify the first draft of the Cardano Constitution.

Source: cointelegraph.com

Hello there! I'm a 21-year-old university student majoring in Finnish and Korean Language and Literature. I have a deep passion for art and a profound connection to the natural world. My journey through life has been a colorful one, driven by my love for creativity, music, and the wonders of the great outdoors. As a dedicated student, I've already earned a degree in Classic Cantos, a testament to my appreciation for the timeless beauty of classical music. Beyond the classroom, my artistic spirit thrives through my love for painting and drawing. These creative outlets allow me to express my thoughts and emotions, transforming blank canvases into vibrant stories. My interests go far beyond music and art. Singing, playing the piano, and exploring new melodies are integral parts of my life, providing me with both solace and exhilaration. When I'm not immersed in the world of art and music, I find solace in nature's embrace. My heart is drawn to animals and the serene beauty of the natural world, fueling my desire to protect and preserve our precious environment.
Hipther

FREE
VIEW