In a recent podcast with eToro, Charles Hoskinson, the co-founder of Cardano, opened up about the project’s evolution, the current state of crypto regulation, and where the blockchain technology is headed.
He started by explaining what makes Cardano stand out, saying that it combines Bitcoin’s secure transaction system with Ethereum’s smart contracts. According to him, it is also flexible and powerful. With features like UTXO for security and Hydra for scalability, Cardano aims to be the go-to platform for Defi on Bitcoin.
Amid market volatility caused by macro factors like the US-China tech rivalry and AI disruption, he shared how crypto could be a safe haven in such times. He believes that assets like Cardano, with solid governance and a deflationary model, are becoming more appealing.
“I can solve big problems for the Bitcoin and XRP ecosystems and create mutual value. These are win-win relationships. It makes $BTC more valuable, $XRP more valuable, it makes Cardano better, and by extension, Midnight,” he said, as he explained the importance of building win-win relationships.
Cardano, Bitcoin, and XRP could all benefit from working together, he said. He criticized Solana for relying on speed and memecoins, and said that Ethereum’s model is flawed, with value moving to faster, cheaper chains.
Hoskinson pointed out that if tech giants like Microsoft and Google get involved, they could shake up the blockchain world. He wrapped up by emphasizing how Cardano’s strong foundation, decentralized governance, and long-term vision sets it apart as a unique player in the blockchain space.
In a recent X post, he shared how Cardano is shifting from a slow, research-heavy approach to a faster, multi-team model to speed up development. While there are some concerns over recent contact terminations that could cause delays, he is focused on speeding up progress, especially with Leios set for 2026. Cardano is currently trading at $0.8323, up over 5% in the last 24 hours. It has increased 21% in the past week. The technicals also show a bullish trend as most of the moving averages and indicators are flashing buy signals.
Cardano merges Bitcoin’s security with Ethereum’s smart contracts, adding scalability via Hydra and UTXO for security.
Even the most bullish of Cardano supporters acknowledge that Cardano will only potentially surpass Ethereum within 18 to 20 years.
Top crypto analyst Michael van de Poppe has identified the gold market as the key…
The BRICS nations are all set to launch a bold new plan this July: A…
Ripple has teamed up with Web3 Salon to boost Japan’s digital asset startup scene. The…
As US and China officials prepare for trade talks in London this Monday, crypto investors…
Binance has released its 31st Proof-of-Reserves (PoR) snapshot as of June 1, showing minor shifts…
Crypto markets are buzzing with anticipation for the next bull cycle. Ripple (XRP) and Mutuum…