The dedication of Cardano’s founder and the vibrant community continues to propel the network’s growth.
Cardano was launched as an open-source, public blockchain that achieves consensus via a proof-of-stake (PoS) algorithm. The network was founded in 2017 by renowned tech engineer Charles Hoskinson, who also co-founded Ethereum (ETH).
Although Cardano was officially flagged off in 2017, its development began in 2015, a few months after Ethereum went live. Cardano has grown to become one of the biggest public blockchains in the world, with a solid community led by Hoskinson backing it.
Hoskinson Dedicated to Cardano Despite Criticism
Like most digital currencies, Cardano has faced numerous challenges that could have resulted in extinction. Fortunately, due to the commitment of Hoskinson and the ADA community, Cardano has continued to bask stronger even in the face of growing criticism.
Hoskinson has always been passionate about Cardano and is not afraid to hit back at critics whenever necessary. In a Twitter thread last month, Hoskinson reiterated his passion for the Cardano project despite the controversies that came up during Vasil’s testing last week. Recall that some Stake Pool Operators (SPOs) fell out with Hoskinson over testing potential Vasil final candidates.
Reacting to the controversy, Hoskinson said he will always remain with Cardano as the blockchain project remains his greatest passion. Hoskinson added that he has seen the potential of Cardano and how it can be used to change the lives of billions of people.
“I’m not going anywhere; (Cardano) this is still my greatest passion. I see how what we’ve built can change the lives of billions of people, and I’ve met the people it can help. I don’t think anyone in our community feels any different. I just think we’ve grown to need to work,” he said.
No doubt Hoskinson is someone who always matches words with action as he spearheads Cardano to greater heights.
Users’ Safety Paramount to Hoskinson
While critics have slammed Cardano for its slow development, the team behind the project, Input Output Global (IOG), has paid no attention to these criticisms. For Hoskinson and other IOG top executives, keeping Cardano users safe is always a priority. The team is never in a hurry to release new upgrades until appropriate.
Recall that the IOG previously announced that it would roll out the Vasil upgrade in June. However, following the collapse of the Terra ecosystem, Hoskinson pushed Vasil’s mainnet launch to a later date without paying attention to what critics were saying.
Community Display Passion for Cardano
While most of the decisions made by Hoskinson may not sit well with some Cardano enthusiasts, a good number of investors have continued to throw their weight behind the cryptocurrency mogul.
The Cardano community has pledged their undying support for the project via different means, including responding to trolls across social media platforms.
Darren, one of the top Cardano influencers, says:
Cardano Basks Strong Despite Lack of VC Support
Unlike most cryptocurrency projects, Cardano does not enjoy backing from Venture Capitalists (VCs), an unfortunate development Hoskinson publicly slammed.
However, the IOG and the vibrant Cardano community did not let the lack of VC support for Cardano stop the project from achieving great feats.
It is worth mentioning that Cardano has not experienced any network downtime for more than five years and has continued to remain in the list of top 10 cryptocurrencies by market capitalization.
