Cardano

Hydra

Midnight

Bitcoin

when

<p>In the world of cryptos, when we talk about blockchain, we immediately think of Bitcoin or Ethereum. But other blockchains also have great potential. Cardano, founded by Charles Hoskinson, is one of those gems. Convinced that this blockchain is undervalued, Hoskinson promises great things for its future.</p>
<h2 id="h-cardano-an-undervalued-blockchain-in-the-crypto-universe">Cardano: an undervalued blockchain in the crypto universe</h2>
<p>The Cardano blockchain has often been the target of <a href="https://www.cointribune.com/en/crypto-an-expert-demolishes-cardano-for-its-centralization/" target="_blank" rel="noopener noreferrer nofollow">complaints and unfavorable criticism</a>. Recently, its native crypto, ADA, was labeled a zombie crypto by Forbes, a category of cryptocurrencies with high market caps but limited real-world utility. This negative perception contrasts sharply with <a href="https://cryptobriefing.com/cardano-undervalued-hoskinson-claims/" target="_blank" rel="noopener noreferrer nofollow">Charles Hoskinson’s opinion</a>, who believes that the project is largely undervalued.</p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="1">
 </div>
</div>
<p>He expressed his frustration with the lack of positive recognition for Cardano in the media. Charles Hoskinson argues that Cardano is built on solid fundamentals, including a rigorous approach to research and development. Despite the criticisms, he remains convinced that Cardano’s true value is far higher than its current market valuation.</p>
<div class="affiliate-button"><a class="affiliate-button__link" href="https://bitvavo.com/invite?a=2831A22E17" target="_blank" rel="noopener noreferrer nofollow">€20 bonus for registering on Bitvavo</a> <a class="affiliate-button__disclaimer" href="https://www.cointribune.com/en/sponsored-content/" target="_blank" rel="noopener noreferrer nofollow">This link uses an affiliate program.</a>
</div>
<h2 id="h-cardano-towards-growth-with-hydra-and-chang-hard-fork">Cardano: Towards growth with Hydra and Chang Hard Fork</h2>
<p>Charles Hoskinson is convinced that Cardano’s strengths and upcoming projects are key elements that will drive the ecosystem’s growth. One of the main projects is the Chang Hard Fork, a major upgrade aimed at improving governance and community involvement. This update aims to strengthen decentralization and give more decision-making power to network users.</p>
<p>Among other promising developments is the Hydra scalability solution, designed to significantly increase the network’s transaction capacity. In parallel, Cardano has formed strategic partnerships with entities such as Midnight and Prism, which are expected to bring additional innovations and enhance Cardano’s adoption. Hoskinson also highlights that the rapid growth of decentralized applications (dApps) on Cardano demonstrates the ecosystem’s robustness and long-term viability.</p>
<p>Despite the criticisms and negative perceptions, <a href="https://www.cointribune.com/crypto-charles-hoskinson-revele-les-secrets-de-lexploit-revolutionnaire-de-cardano/" target="_blank" rel="noopener noreferrer nofollow">Charles Hoskinson</a> remains optimistic about Cardano’s future. With its innovative projects and solid technological foundation, Hoskinson believes that Cardano is well-positioned to establish itself in the crypto world. The crypto community should closely monitor upcoming developments related to this blockchain.</p>

Crypto: Cardano faces criticism despite strong fundamentals

Table of Contents

Cointribune EN

Other articles published on Jun 9, 2024

MoonBag Offers 88% APY to Become the Top Meme Coin Presale in 2024, Leaving Ripple and BNB to Dea...

The European Central Bank (ECB) and the Bank of Canada (BoC) have lowered interest rates

Top Five Crypto Hardware Wallets You Can’t Miss In June 2024

Cardano Aims to Break Losing Streak: Can It Rally to $0.62?

5 Token Unlocks to Watch Next Week

Altcoins Surge on Binance Exchange

Join our free newsletter for daily crypto updates!