Cardano [ADA]: It is definitely not my responsibility to appreciate ADA’s value, says Charles Hoskinson

2019-4-24 23:30

Cardano’s [ADA] Charles Hoskinson has been one of the most active proponents of crypto in the cryptospace, making sure the organization’s agendas are known to the entire community. In a recent video uploaded by the IOHK Chief Executive Officer, Hoskinson explained the company’s future roadmap and addressed the FUDs about Cardano, floating around in the space.

The computer scientist clarified off the bat that users should not compare the user interface and user experience of cryptocurrency companies to bigwigs like Microsoft, Google and Amazon as the latter are too far ahead in terms of development. He emphatically stated that it is not a game of user experience, rather is a game of philosophies. Hoskinson frankly admitted that, “Cardano cannot be everything to everyone.” He added,

“With the amount of work we are putting into the software and the network, Cardano has become a very stable wallet now. To build the platform, we had to consider several factors like cryptography, game theory and byzantine actors. Some people claim that the delays in the release of the Shelley testnet is making money but it’s actually the opposite. I am losing money with every single delay, a cost that the company as well as I am willing to bear.”

Hoskinson went on to state that IOHK did not take any technology from anyone else and ensured that they built all original products. He also addressed the persistent rumor suggesting that IOHK has to write new code for the implementation of Shelley. To this, he responded,

“Since September of last year, we have had engineers working on making the Shelley testnet the best version of itself. That work will only be considered as done when there is a reasonable wallet structure and when all the bugs are solved. Many users keep asking us to give a date for the testnet release and I am saying right now that will be done when it is time. Many who are asking do not even know what a testnet is and are asking simply for the sake of stirring up the ecosystem.”

The IOHK CEO also compared companies like Microsoft and Boeing to IOHK, in terms of product delays. He took the example of Microsoft delaying the Vista launch and Boeing having problems with their flagship Boeing 787 Dreamliner, stating,

“There will always be delays and so it is not my responsibility to appreciate the value of ADA.”

The post Cardano [ADA]: It is definitely not my responsibility to appreciate ADA’s value, says Charles Hoskinson appeared first on AMBCrypto.

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2019-4-12 12:30


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2019-1-25 06:10


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2019-1-25 23:22


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2019-1-17 00:16


Are Cardano (ADA) updates too vague or are the holders just to impatient?

Cardano developer and CEO if IOHK Charles Hoskinson has been quite busy since the turn of the year. As the project moves towards implementing the Shelley update, one that is expected to bring several long-awaited features (like decentralization and staking), Hoskinson decided to hold another impromptu YouTube AMA and answer some popular community questions.

2019-1-17 00:16


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2018-11-19 21:49