Cardano

April

Foundation

Coin

<ul class="news-points">
 <li><strong>According to Charles Hoskinson, Cardano needs to implement better-supported stablecoins.</strong></li>
 <li><strong>The Cardano CEO disagreed that the blockchain is prone to heavy congestion.</strong></li>
 <li><strong>Hoskinson explained congestion on Cardano only leads to delayed settlements.</strong></li>
</ul>
<p>Cardano founder Charles Hoskinson has addressed some pressing questions about the blockchain project from its community members. In a recently uploaded video, Hoskinson selected a few questions from a Cardano user, clarifying some of the assumptions within the project’s ecosystem.</p>
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   <p lang="en" dir="ltr">Interesting Thread <a href="https://t.co/1USHIhAc9h" target="_blank" rel="noopener noreferrer nofollow">https://t.co/1USHIhAc9h</a></p>— Charles Hoskinson (@IOHK_Charles) <a href="https://twitter.com/IOHK_Charles/status/1774943393367646537?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">April 1, 2024</a>
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<p>Hoskinson addressed the opinion that Cardano needs a well-recognized stablecoin to succeed. He agreed that Cardano needs to implement better-supported stablecoins, noting that the project has attempted to do so before now. However, he confirmed that the Cardano Foundation is diligently working to make that happen.</p>
<p>Meanwhile, the Cardano CEO debunked the idea that the blockchain gets heavily congested even with few active users and ongoing mints. While he agrees that congestion occurs, he noted several active users and mints on the blockchain. He…</p>
<p>The post <a href="https://coinedition.com/cardano-ceo-addresses-communitys-assumptions-over-the-blockchain/" rel="noopener noreferrer nofollow">Cardano CEO Addresses Community’s Assumptions Over the Blockchain</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Cardano CEO Addresses Community’s Assumptions Over the Blockchain

Coin Edition

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