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PANews
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Cardano founder spills the beans: $ADA ecosystem is in for a rough ride this second half of the year
Charles Hoskinson, the founder of Cardano, mentioned in a video that the second half of this year will be extremely challenging for Cardano, and we might see more DApps and DeFi projects going belly up, leading to a round of consolidation.
He also addressed the blame some are placing on him for ADA's price drop: he doesn't have the governance keys, can't initiate hard forks, can't tweak protocol parameters, can't access the treasury, and doesn't even own the Cardano trademark.
Sounds less like he's calming the market and more like he's warning the community: everything's about to come to an end.
Charles Hoskinson, the founder of Cardano, mentioned in a video that the second half of this year will be extremely challenging for Cardano, and we might see more DApps and DeFi projects going belly up, leading to a round of consolidation.
He also addressed the blame some are placing on him for ADA's price drop: he doesn't have the governance keys, can't initiate hard forks, can't tweak protocol parameters, can't access the treasury, and doesn't even own the Cardano trademark.
Sounds less like he's calming the market and more like he's warning the community: everything's about to come to an end.