Charles Hoskinson Responds to Critics of Cardano

Charles Hoskinson responded to those who likened Cardano (ADA) to a religion without technology.

Hoskinson, the head of IOG company, which created Cardano’s proof-of-stake blockchain, has been harsh on criticism in a podcast made by crypto industry names recently. In the podcast, it was mentioned that all smart big money managers avoided investing in Cardano, it was said that they missed the technological development.

Commenting on an episode posted by a user on Twitter and also appearing on the podcast, Haseeb Qureshi said that while these people are not considering the largest proof-of-stake blockchain and token ADA, cryptocurrency is a combination of technology and religion. He said that a cryptocurrency should have both.

Another guest on the podcast said that Cardano and Charles Hoskinson, unlike Ethereum and Solana, have adopted the development of blockchains without rushing and paying attention to every detail. He stated that we are still at the beginning of the race to compare Cardano because of its deeper and academic approach.

But what worries Cardano is that there isn’t much development and activity on this blockchain. Apart from this, it was also stated that there are not many projects integrated on the Cardano network.

Hoskinson Responds to Criticism on Twitter

Hoskinson, the head of IOG, the company that created Cardano’s proof-of-stake blockchain, responded to the criticism with an ironic tweet, stating that the entire developer team should pack their bags, close the academic research center and lay off hundreds of engineers.