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Cardano’s Hoskinson Takes a Swing at People Calling Cardano a Cult

February 21, 2023
in Altcoin
Reading Time: 2 mins read
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Cardano’s Hoskinson Takes a Swing at People Calling Cardano a Cult
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Cardano and Charles Hoskinson have been having some difficulties as a result of the backlash he has received for his contingent staking proposal. Hoskinson faced quite some criticism, as some of the critics didn’t agree with the new staking proposal.

Wanted to drop a note here, which might be my final tweet, but really not sure tbh as I tend to come back from time to time. (Life outside of twitter is pretty good though). I’ve stopped tweeting for a bit, mostly on account of the CS drama and wanted to share some quick thoughts

— ADA whale (@cardano_whale) February 20, 2023

ADA Whale, an ardent Cardano supporter, recently addressed their disagreement with the contingent staking proposal and stated that they are taking time off of Twitter to stay away from the CS drama. Anonymous Twitter user Barron Wuffett replied to ADA Whale’s tweet, stating that he would pick ADA Whale to represent the vision and the community over Hoskinson every time.

Also read: Financial Stability Board Is Cautious Against Stablecoins, Releases Report

Hoskinson, however, didn’t keep quiet about the ongoing criticisms. He took to his Twitter account to address all the people who called Cardano a cult. He also mentioned that CS isn’t even at the CPI stage and is an optional hypothetical feature.

And the people who hate Cardano call it a cult. Seems pretty grown up to me. CS is an optional hypothetical feature that isn’t even at the CIP stage, and we have this rhetoric discounting the last seven years of my life. It’s a bittersweet thing watching an ecosystem grow https://t.co/A8XJBMiUBF

— Charles Hoskinson (@IOHK_Charles) February 21, 2023

Cardano price drops over the last 24 hours

According to CoinMarketCap data, Cardano has lost over 3.23% of its value over the last 24 hours. ADA is trading at $0.3924 at press time. However, ADA has spiked over 50.89% in 2023.

Source: CoinMarketCap

Also read: Microsoft Strikes a Partnership With Ankr to Deploy a Novel Node Hosting Service

However, the ongoing debate and discussion about contingent staking don’t seem to have affected the price of Cardano significantly.


Credit: Source link

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