Charles Hoskinson, the founder of Cardano (ADA), says he wants to build one of the most efficient ecosystems in the cryptocurrency industry. The goal is to revolutionize decentralized finance and accelerate financial inclusion around the world. To achieve this, blockchain developers recently made a major update, the Vasil hard fork. Earlier this week, Hoskinson announced that a new project is in the works. This will promote decentralized governance and bring the network into a new era. A set of approaches that attracts not only members of the Cardano community (ADA), but the entire industry. But is all this enough to stimulate mass adoption, as the creators of the blockchain intended?
A solid project
A few days ago, Charles Hoskinson, founder of Cardano (ADA), gave an interview to Ryan Selkis, founder of Messari. The interview took place during Mainnet 2022 in New York. It is a conference organized every year by Messari, a leading provider of market intelligence products, which help professionals to grow in the world of cryptocurrencies and the Web3.
During the exchange, Hoskinson was pleased to have built a cryptocurrency community and ecosystem ready for mass adoption. He indicated that there is a “big appetite” for the Cardano Development Strategy (ADA), which charts the course for this adoption. He explained that at every stage of development, players took the time to build a project that respected their initial ambition to revolutionize decentralized finance. A slow but steady strategy.
“At every stage of the Cardano process, we have just said that we would start with something that makes sense (…) And it will probably be something that works and is on a global scale”He said.
Cardano can attract billions of users
According to Charles Hoskinson, there is a strong one request for serious and well-built projects, especially in times of bear market. And in the cryptocurrency sector, Cardano (ADA) is undoubtedly one of the blockchains that present this seriousness today. Explain that Fortune 500 companies and governments care about security, standards, consistency, interoperability, and reliability. However, Cardano has all these specificities.
So the blockchain is able to attract billions of users and large amounts of capital. “If you take one of those customers on board, you have three billion users”He explained.
Since its launch, the Cardano blockchain has been trying to build a unique model of decentralization. Today, its founder believes he has all the features needed to attract billions of users and revolutionize decentralized finance.
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Far from dulling my enthusiasm, a fruitless investment in a cryptocurrency in 2017 only increased my enthusiasm. I therefore decided to study and understand the blockchain and its multiple uses and to transmit information relating to this ecosystem with my pen.