Co-founder of network has something to say to haters
Charles Hoskinson went after the anonymous Twitter user who gave his adversary-cardano And XRP is advising that these projects do not deliver on their promise. The Cardano co-founder is thrilled by the fact that people who tweet such thoughts actually believe them despite the evidence.
Cardano never delivers
A quite common anti-Cardano narrative in the industry is the belief that the Cardano developers never deliver what they promise in the first case. It mostly formed after some Cardano-related projects ended up being different from what had been promised to users.
However, in most cases, this was due to the immaturity of the network and the solutions offered on it. The most notable representative of the Cardano DeFi industry was SundaeSwap, which initially had several problems and even some congestion issues.
Most of Cardano’s problems come from the eUTXO model, which does not imply fitting more than one transaction in the block. That is why the Cardano developers had to come up with alternative solutions that would make DeFi on ADA possible.
Hoskinson’s opinion
One cannot see any discretion in statements similar to what the developer has shown in the tweet. Hoskinson said that every year Cardano developers are moving mountains together, while representatives of other networks may not see this happening for unknown reasons.
Despite some success in development, the market performance of Cardano is far from ideal as the cryptocurrency has been moving in a prolonged downturn for the last 400 days.
Technically, Cardano (ADA) remains the least profitable asset among the top 10 crypto assets ranked by market capitalization. However, if there is another ADA move in the market, the situation could change, as we saw in August 2021.
