Cofounder of Cardano (ADA) – Charles Hoskinson Discloses His Concerns Regarding The Blockchain Project

Recently, Charles Hoskinson – the founder of Cardano (ADA) – held an unforeseen Ask Me Anything (AMA) session on Twitter. The Ask Me Anything session included topics such as the current market of Bitcoin (BTC), the future of digital currencies, the recent argument between him and Vitalik Buterin – the founder of Ethereum (ETH) – among other.

Hoskinson Talks About His Concerns About The Blockchain Project (Cardano)

During the AMA session, the founder of Cardano talked about his concerns regarding Cardano (ADA). He started by saying that he has concerns on a daily basis regarding the blockchain project and have a serious thought if Haskell was the appropriate code choice or if his executive ambition for the blockchain project was the right decision.

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Also, he feels that lots of innovations could have put into Proof of Work protocol. He further added that the ambitious approach of Cardano helped to create an all-star team for the blockchain project, and he believes that the appetite and ambition of the team were “grand.”

During the team building process, the blockchain project was able to attract a lot of people that didn’t lean towards the digital currency world but the tech and the possibility of innovation behind it. Hoskinson stated a bad news and a good news. The good news is that the most difficult part of the project is over. He said the bad news is that the digital currency is not the leader of the market yet.

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Nevertheless, he is confident on the direction of the blockchain project but he’s hunted by the bad processes and delays that are acting as a hindrance in the way.

Cardano (ADA) Price Today – ADA / USD

Name Price24H (%)
Cardano (ADA)
$0.060585
-2.60%

At the time of writing, the value of Cardano (ADA) is $0.1131 after a decrease of less than 0.5 percent over the past twenty-four hours. The digital currency currently boasts of a market cap of $2.93 billion with a trading volume of $32.91 million.

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