Cardano founder Charles Hoskinson stated that increased decentralization in Cardano will serve to revive the crypto industry.
The development and increasing adoption of the crypto industry has led many projects to create a competitive environment. Projects that came out after Ethereum were released with the new Ethereum message. In the competitive and innovative market, Cardano’s developments are also noteworthy.
Cardano Founder Draws Attention to His Project
Cardano founder Charles Hoskinson talked about the importance of decentralization in a YouTube video he posted. Noting that his project has made significant developments and growth, Hoskinson stated that they serve to revive the crypto industry.
Focusing on decentralization, Hoskinson stated that after this development, institutionalization can be achieved in crypto regulations. According to the Cardano founder, decentralization will play a large part in the advancement of regulations and laws. In this way, decentralization will become a key component in regulatory clarity.
In his post on YouTube, Hoskinson argued that the cryptocurrency industry should be self-sufficient. He stated that Cardano’s developments will play an important role in this regard.
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