{"id":12345,"date":"2024-04-08T10:21:10","date_gmt":"2024-04-08T07:21:10","guid":{"rendered":"https:\/\/forklog.com\/en\/charles-hoskinson-outlines-future-cardano-updates-amid-criticism\/"},"modified":"2024-04-08T10:21:10","modified_gmt":"2024-04-08T07:21:10","slug":"charles-hoskinson-outlines-future-cardano-updates-amid-criticism","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/charles-hoskinson-outlines-future-cardano-updates-amid-criticism\/","title":{"rendered":"Charles Hoskinson Outlines Future Cardano Updates Amid Criticism"},"content":{"rendered":"<p>Cardano blockchain co-founder Charles Hoskinson has unveiled two major updates, one of which is slated for 2024.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Seeing all the dunking on Cardano makes me smile a bit. We are holding all the cards as an ecosystem. We have the best path for scalability, governance, and innovation. We also have the best community.<\/p>\n<p>Chang is coming soon as measured by progress on SanchoNet. Ouroboros Leios is\u2026 <a href=\"https:\/\/t.co\/11RTXaDrZU\">pic.twitter.com\/11RTXaDrZU<\/a><\/p>\n<p>\u2014 Charles Hoskinson (@IOHK_Charles) <a href=\"https:\/\/twitter.com\/IOHK_Charles\/status\/1777037687653892128?ref_src=twsrc%5Etfw\">April 7, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;We are holding all the cards as an ecosystem. We have the best path for scalability, governance, and innovation. We also have the best community,&#8221; he stated.<\/p>\n<\/blockquote>\n<p>According to him, the Chang hard fork is scheduled for the second quarter, marking the largest upgrade since the Vasil launch in September 2022.<\/p>\n<p>Chang will introduce governance and community interaction concepts, ensuring consensus and allowing ADA holders to use tokens for voting. The update includes the introduction of &#8220;Delegate Representatives&#8221; and the &#8220;Cardano Constitution.&#8221;<\/p>\n<p>The second significant step for the network is the implementation of Ouroboros Leios\u2014a new version of the Proof-of-Stake consensus mechanism aimed at increasing throughput, scalability, and transaction speed while maintaining the current level of decentralization.<\/p>\n<p>Hoskinson&#8217;s statement came in response to a <a href=\"https:\/\/www.youtube.com\/watch?v=Be_PMH6euf0\">video<\/a> by blogger Ben Armstrong, known as BitBoy, who declared Cardano &#8220;dead.&#8221; He compared the ecosystem to Solana, Sui, and Toncoin, which have &#8220;exploded&#8221; and &#8220;killed&#8221; it in terms of users, activity, and price dynamics.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The problem with our industry is that we allow short-term narratives and carnival barkers to dominate the conversation. AI has the same problem,&#8221; noted the Cardano co-founder.<\/p>\n<\/blockquote>\n<p>Previously, Hoskinson and former BitMEX CEO Arthur Hayes <a href=\"https:\/\/u1f987.com\/en\/news\/arthur-hayes-and-charles-hoskinson-clash-over-cardanos-value\">clashed<\/a> over the network&#8217;s value. The latter called the ADA token &#8220;dogshit.&#8221;<\/p>\n<p>Back in October 2023, the head of Cardano accused Ethereum of plagiarizing the Ouroboros consensus protocol.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano blockchain co-founder Charles Hoskinson has unveiled two major updates, one of which is slated for 2024. Seeing all the dunking on Cardano makes me smile a bit. We are holding all the cards as an ecosystem. We have the best path for scalability, governance, and innovation. We also have the best community. Chang is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12344,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1401,471,1134],"class_list":["post-12345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cardano-ada","tag-charles-hoskinson","tag-technical-updates"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/12345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=12345"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/12345\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/12344"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=12345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=12345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=12345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}