Cardano

2024

Cardano founder Charles Hoskinson, who attracted attention with his statements in the cryptocurrency market, made a statement about the claims about ADA staking and market value.
The allegations center on the fact that the only reason ADA is still at the top of the crypto rankings is because stakers are unable to sell it because their assets are locked into staking. At this point, ADA investors are allegedly unable to sell due to staking restrictions.
Cardano founder Charles Hoskinson specifically stated that the claim that ADA holders are locked into staking pools and that the market value of ADA is intentionally inflated is unfounded.
Hoskinson said Cardano offers liquid, non-custodial staking, unlike other projects that offer liquid staking derivatives.
The Cardano founder has refuted these false claims about ADA staking, stating that ADA tokens are never locked into staking.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 The lies and misinformation about Cardano have reached epic levels. Stake isn't locked, but they still lie.
 Why does anyone trust these people anymore? <a href="https://t.co/8eh3LdoSw1" rel="noopener noreferrer nofollow">https://t.co/8eh3LdoSw1</a>
 — Charles Hoskinson (@IOHK_Charles) <a href="https://twitter.com/IOHK_Charles/status/1833739142858936596?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 11, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<h2 id="how-does-cardano-staking-work">How Does Cardano Staking Work?</h2>
Cardano staking allows ADA holders to stake their tokens into a staking pool to help secure the network and earn rewards every five days. Unlike other systems, staked tokens are not locked, so users can spend or move their ADA.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/charles-hoskinson-speaks-out-about-cardano-ada-fud-denies-allegations/" rel="noopener noreferrer nofollow">Charles Hoskinson Speaks Out About Cardano (ADA) FUD, Denies Allegations!</a>

Charles Hoskinson Speaks Out About Cardano (ADA) FUD, Denies Allegations!

Table of Contents

Bitcoin Sistemi EN

Other articles published on Sep 11, 2024

2024 Budget: NITDA is handling 6 questionable projects worth ₦216.5M

Bitcoin and Crypto Market Rally on the Horizon: Analysts Share Critical Predictions!

ETH/BTC Trading Pair Highlights Bitcoin’s Dominance, But Will the Fed Rate Cut Change the Trend?

Millions of Australians Await Clear Crypto Regulations Before Entering the Market, New Report Rev...

Avalanche Foundation Announces infraBUIDL() Program to Boost Blockchain Tooling and Infrastructure

Expert Analyst Says $100,000 Bitcoin Is ‘Still Very Much in Play,’ Reveals 3 Altcoins to Buy Befo...

Join our free newsletter for daily crypto updates!