Currencies28561
Market Cap$ 2.25T-2.61%
24h Spot Volume$ 63.16B-0.24%
BTC Dominance50.09%-1.48%
ETH Gas6 Gwei
Cryptorank
CryptoRankNewsCharles Hosk...

Charles Hoskinson Addresses Cardano FUD Amid World Mobile Partnership


Mar, 18, 2024
2 min read
by Coingape
Cardano News: Charles Hoskinson Addresses Cardano FUD Amid World Mobile Partnership

Mounting FUD (Fear, Uncertainty, and Doubt) within the Cardano (ADA) community sparked speculations lately. Cardano founder Charles Hoskinson has stepped forward to address concerns, particularly in light of the partnership with World Mobile announced in April 2021.

Charles Hoskinson Answers FUD Concerns

Hoskinson took to X and addressed the unprecedented rise of FUD in the Cardano community. He wrote, “Man, it’s raining FUD this weekend, and I’m not sure about the origin. I guess it’s that time of the cycle where everyone freaks out about Cardano’s potential and roadmap, so they throw a wave of FUD at us.”

Central to the discussion is Cardano’s roadmap, which intersects with World Mobile’s objectives. This particularly entails in areas such as identity, partnerchains, and unique programming models like EUTXO. Moreover, Hoskinson clarified the misconception surrounding partnerchains.

The Cardano founder asserted that they are integral to Cardano’s framework and offer flexibility for projects like World Mobile to develop unique protocols while benefiting from Cardano’s secure infrastructure. Furthermore, Hoskinson underscored the significance of cross-chain transactions in enhancing network value by emphasizing interoperability as a cornerstone of third-generation blockchains. In addition, he reiterated Cardano’s commitment to connecting the unconnected and creating decentralized networks with equitable rules.

Is WMC Not A Part Of Cardano?

He stated, “Every human should be connected by a decentralized network with equal and fair rules.” Moreover, while acknowledging the challenges ahead, Hoskinson expressed confidence in World Mobile’s leadership and their shared mission. Additionally, he highlighted ongoing collaborations between IOG and World Mobile to support their vision and ensure Cardano’s continued involvement in the project.

Furthermore, Hoskinson clarified a recurring misunderstanding within the community regarding partner chains and their relationship to Cardano. Despite initial confusion, Hoskinson reaffirmed that partner chains are indeed integral to Cardano’s ecosystem.

In addition, Hoskinson emphasized the necessity for hypercomplex projects like World Mobile Chain (WMC) to have the freedom to develop unique protocols tailored to their specific needs. This includes variations in consensus mechanisms, ledger rules, network design, and transaction semantics.

The post Charles Hoskinson Addresses Cardano FUD Amid World Mobile Partnership appeared first on CoinGape.

Read the article at Coingape

Read More

60% Cardano [ADA], 83% ARB holders lose money – Breaking down why

60% Cardano [ADA], 83% ARB holders lose money – Breaking down why

Over half of the investors holding ADA and ARB do so at significant losses.
May, 01, 2024
by AMBCrypto
Forbes Warned About These 20 Altcoins! "XRP, Litecoin (LTC) and Cardano (ADA) are also on the list!"

Forbes Warned About These 20 Altcoins! "XRP, Litecoin (LTC) and Cardano (ADA) are also on the list!"

Forbes labeled 20 altcoins as zombies, including XRP, Cardano (ADA), Litecoin (LTC) a...
May, 01, 2024
by Bitcoin Sistemi
CryptoRankNewsCharles Hosk...

Charles Hoskinson Addresses Cardano FUD Amid World Mobile Partnership


Mar, 18, 2024
2 min read
by Coingape
Cardano News: Charles Hoskinson Addresses Cardano FUD Amid World Mobile Partnership

Mounting FUD (Fear, Uncertainty, and Doubt) within the Cardano (ADA) community sparked speculations lately. Cardano founder Charles Hoskinson has stepped forward to address concerns, particularly in light of the partnership with World Mobile announced in April 2021.

Charles Hoskinson Answers FUD Concerns

Hoskinson took to X and addressed the unprecedented rise of FUD in the Cardano community. He wrote, “Man, it’s raining FUD this weekend, and I’m not sure about the origin. I guess it’s that time of the cycle where everyone freaks out about Cardano’s potential and roadmap, so they throw a wave of FUD at us.”

Central to the discussion is Cardano’s roadmap, which intersects with World Mobile’s objectives. This particularly entails in areas such as identity, partnerchains, and unique programming models like EUTXO. Moreover, Hoskinson clarified the misconception surrounding partnerchains.

The Cardano founder asserted that they are integral to Cardano’s framework and offer flexibility for projects like World Mobile to develop unique protocols while benefiting from Cardano’s secure infrastructure. Furthermore, Hoskinson underscored the significance of cross-chain transactions in enhancing network value by emphasizing interoperability as a cornerstone of third-generation blockchains. In addition, he reiterated Cardano’s commitment to connecting the unconnected and creating decentralized networks with equitable rules.

Is WMC Not A Part Of Cardano?

He stated, “Every human should be connected by a decentralized network with equal and fair rules.” Moreover, while acknowledging the challenges ahead, Hoskinson expressed confidence in World Mobile’s leadership and their shared mission. Additionally, he highlighted ongoing collaborations between IOG and World Mobile to support their vision and ensure Cardano’s continued involvement in the project.

Furthermore, Hoskinson clarified a recurring misunderstanding within the community regarding partner chains and their relationship to Cardano. Despite initial confusion, Hoskinson reaffirmed that partner chains are indeed integral to Cardano’s ecosystem.

In addition, Hoskinson emphasized the necessity for hypercomplex projects like World Mobile Chain (WMC) to have the freedom to develop unique protocols tailored to their specific needs. This includes variations in consensus mechanisms, ledger rules, network design, and transaction semantics.

The post Charles Hoskinson Addresses Cardano FUD Amid World Mobile Partnership appeared first on CoinGape.

Read the article at Coingape

Read More

60% Cardano [ADA], 83% ARB holders lose money – Breaking down why

60% Cardano [ADA], 83% ARB holders lose money – Breaking down why

Over half of the investors holding ADA and ARB do so at significant losses.
May, 01, 2024
by AMBCrypto
Forbes Warned About These 20 Altcoins! "XRP, Litecoin (LTC) and Cardano (ADA) are also on the list!"

Forbes Warned About These 20 Altcoins! "XRP, Litecoin (LTC) and Cardano (ADA) are also on the list!"

Forbes labeled 20 altcoins as zombies, including XRP, Cardano (ADA), Litecoin (LTC) a...
May, 01, 2024
by Bitcoin Sistemi