Charles Hoskinson: Cardano will outperform top crypto assets

At the Token2049 conference in Singapore, Cardano founder Чарльз Хоскінсон" href="https://noworries.news/biography/charlz-hoskinson/" data-bio-id="10 311">Charles Hoskinson made a bold statement that Cardano ADA $0.87 Cardano -1.98% Market capitalization $31.07 billion VOL. 24 hours $0.21 billion is superior to Bitcoin BTC $93,937.20 Bitcoin -1.59% Market capitalization $1.86 trillion VOL. 24 hours $2.67 billion and Ethereum ETH $3,297.18 Bridged Ether (StarkGate) 0.05% Market capitalization $0.29 billion VOL. 24 hours $1.46 billion .

Following the recent Chang Hard Fork update, Hoskinson emphasized the advantages of Cardano, in particular its new governance model that distributes power more broadly than the Ethereum network. He criticized Бутерін" href="https://noworries.news/biography/vitalij-buterin/" data-bio-id="3642">Vitalik Buterin' s blockchain for its dependency and called the platform’s governance system a «dictatorship.»

Hoskinson emphasized that the changes in Cardano’s governance promote greater collaboration between community members and allow for regular decision-making and updates to the blockchain development roadmap. He noted that innovations on the platform will continue even without his personal involvement.

This confrontation with Ethereum has been going on since Hoskinson left the project he co-founded. Despite the fact that Ethereum is leading in terms of adoption and market share, Hoskinson hopes that Cardano will be able to strengthen its competitive position.

However, large Cardano investors are showing more and more skepticism about the asset. Over the past few weeks, addresses holding between 10 million and 100 million ADA have sold approximately 140 million tokens worth more than $ 50 million.