As a researcher who has closely followed the cryptocurrency landscape for years, I must say that Charles Hoskinson’s journey and reflections on the past ten years of building Cardano are nothing short of inspiring. His experiences, as shared in his recent post, resonate deeply with me. The challenges he faced, the criticisms he endured, and the resilience he demonstrated are a testament to his unwavering dedication to his vision.
Charles Hoskinson has published a long read to reflect on the past ten years of becoming a public figure and building the Cardano network now as the Chang hard fork has gone live.
Expressing a confident and positive perspective, Hoskinson asserts that Cardano has surpassed Bitcoin in significance and is now an indispensable part of the cryptocurrency world, making it highly unlikely for any external factors to dislodge it.
Cardano building 10 years’ recap
In his personal account, Charles Hoskinson expressed that the past decade, particularly the time spent on Cardano, has been challenging for him. He felt that many individuals within the crypto community have been critically interpreting his posts and comments, making it seem as though he’s become a “human Rorschach test” – meaning that those who dislike him tend to interpret any of his statements in the most negative way possible.
Over the past ten years while working with his team on Cardano, Hoskinson acknowledged that they encountered a storm of feelings, hurdles, and formidable barriers to conquer.
Over the last ten years, one of the most profound lessons I’ve internalized is that stepping into the public eye makes you a sort of human inkblot test, where people who dislike you will twist any statement or comment to fit their worst possible interpretation.
In my work with Cardano, this lesson has been particularly relevant…
— Charles Hoskinson (@IOHK_Charles) September 2, 2024
As an analyst, what I find reassuring is the multitude of allies – “the affirmations from like-minded individuals who truly understood my perspective.” I’ve noticed that in the realm of cryptocurrency, it’s become commonplace to encounter instances of fraudulent activities, sudden exits (rug pulls), and questionable leaders. Consequently, it’s challenging for us to fully grasp the concept of an honest ecosystem or the tireless efforts of countless individuals involved.
Hoskinson added that he sees “a very long road ahead to heal the damage and avarice.”
“Cardano dwarfs Bitcoin“; Cardano is “unstoppable virus”
In a positive light, Hoskinson expressed his pride in stating that Cardano considers one of humanity’s most significant technical accomplishments. This includes a decentralized blockchain network that operates across over a hundred countries without interruption. He added that the recent Chang hard fork, which went live a few hours ago, allowed for effortless upgrades by millions of users without any central coordination.
Hoskinson confidently declared, “It surpasses Bitcoin in many aspects,” adding, “Its uniqueness is such that histories will be penned about its journey.” Further, he passionately compared Cardano to an indomitable virus within the crypto sphere: “Cardano has evolved into a governance-driven virus, capable of self-reproduction and sustenance. It’s intelligent, determined to thrive, and persistent in its growth. There’s no way to halt it or impede its expansion.”
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2024-09-02 13:24