The Cardano (ADA) blockchain is facing more and more criticism. According to a lot of individuals, Cardano is a ghost blockchain that doesn’t necessarily deserve to be present in the cryptocurrency world. The ADA’s designer then believed it was his responsibility to defend his invention.
- In a Twitter post, Charles Hoskinson said : “I’ve always thought that when there’s a mic and an audience, it’s an opportunity to win hearts and minds. Cardano needs an army to change the world, and we’re not going to build it by only talking to the blameless and the pure.” He also said, “We need to get the message across that Cardano is not a ghost chain and smart contracts are here .”
In support of Cardano (ADA), Mr. Hoskinson disclosed that he has been invited to address the Agriculture Committee of the US House of Representatives regarding cryptocurrencies and blockchain in general. On June 23 at 10:30 a.m., this event—which industry participants had been looking forward to—took place.
Cardano (ADA) records growth
The digital asset ADA is currently trading at roughly $0.47, which translates to a little gain in price of 6.46 percent as of the time of publishing of this article. Also noteworthy is the fact that the Bitcoin has made up all of its recent weekly losses. In the past week, it has increased by 6%. Finally, because of these exploits and a significant market capitalization, it is ranked seventh among the biggest cryptocurrencies (CoinMarketCap).
Finally, keep in mind that Cardano (ADA) will soon receive an upgrade that will fix all the issues that users of the cryptocurrency have reported. By the end of June, the Hard Fork Vasil upgrade will be made available.
The Cardano (ADA) blockchain is growing in popularity despite everything, according to a graph that IOHK recently published. The fact that 1,020 different projects are now being developed on the network serves as evidence. 90 projects have already been started recently, in the meantime.
The Cardano (ADA) blockchain fully merits its position in the universe of digital assets. In any event, this is what Charles Hoskinson, the man who created it, thinks and believes. He defended the blockchain on Twitter. He also disclosed that he would be attending a significant cryptocurrency event.
