- The Voltaire era introduced on-chain governance to Cardano, allowing for rapid adaptation and problem resolution without third-party involvement.
- Hoskinson discusses the flaws in the global economy at Tech Forum Argentina, highlighting the severe inflation spike in certain sectors of the United States.
At the Cardano Summit in Argentina, Cardano founder Charles Hoskinson claimed that the Cardano network will surpass both Bitcoin and Ethereum within the next 20 years. He highlights the Voltaire-era implementation in Cardano and believes that a fully decentralized governance structure will bring significant benefits.
Hoskinson predicted that Cardano will surpass Ethereum in 10 years and Bitcoin in 20 years. Although there is some skepticism about Cardano's cryptocurrency ADA, which is currently the 11th largest by market capitalization, Hoskinson believes Cardano's advanced technology and focus on decentralization position it well for future growth. It is claimed that there is.
He argued that if Cardano outperforms its competitors, governments are likely to adopt it to operate their systems, given the network's reliability. This development not only has the potential to increase the value of ADA, but will also change the way blockchain technology is used by institutions and individuals. According to Hoskinson, this long-term perspective distinguishes Cardano from other networks that aim for immediate results.
As for us Covered in Crypto News FlashHoskinson emphasized the importance of decentralization to create a secure, efficient and reliable network. The beginning of the Voltaire era represents the beginning of an on-chain governance system that will allow Cardano to quickly adapt and solve problems without the involvement of third parties.
Furthermore, Hoskinson argued that this decentralized approach will eliminate dependence on venture capital and centralization, impacting other blockchain networks controlled by a small number of actors.
In addition to his presentation on Cardano, Hoskinson also spoke at the following talks: tech forum argentinawe discussed the structural weaknesses of the current economic system, with a particular focus on inflation in the United States.
“Money is being destroyed, and when trust in money is lost, governments collapse. This is a social law that leads directly to social change,” Hoskinson said.
he noticed Despite slowing overall inflation, prices for certain items have increased by up to 200%. He sees this as an indication that traditional monetary systems cannot maintain public trust, and highlights the potential benefits of decentralized financial systems like Cardano.
Hoskinson's comments at both events highlight his vision. Cardano as a leading force Based on its technological foundation and governance model, it looks to the future of both finance and blockchain governance.
current price Cardano (ADA) Approximately $0.360showing a significant increase +2.56%. It has recently formed an uptrend channel, indicating bullish momentum. Resistance is expected to be around $0.46, while support is seen at $0.34. If the price remains above $0.34, it could move further towards $0.37 and $0.41.
Technical indicators are mostly neutral and an upside breakout is possible if the bullish pressure continues. If the price breaks below $0.34, the momentum could turn towards a bearish trend.
