Isn’t ADA adherence a ‘red flag’? The founder of Cardano thinks so

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The founder of Cardano (ADA) is a man of many words and many GIFs. Charles Hoskinson’s comments, whether you agree or disagree, often spark debate in the crypto community.

Hoskinson’s latest X response covered issues from dating advice to his trust in the ecosystem and Solana’s recent problems. As a result, several conversations about these topics and the Cardano founder’s perspectives on them spread across the X platform.

Dating advice from Charles Hoskinson

Charles Hoskinson offered some crypto-related dating advice in a reply to Lily Brodi, creator of the viral ‘Cardano Girls’ video. The content creator asked if it was weird to ask someone on the first day if he or she had ADA.

The Cardano founder responded that not having ADA in place at this point was a “big red flag.” Hoskinson jokingly insinuated that the person might “not be a cannibal,” but if he’s not in possession of Cardano’s own token, you should be alert anyway.

He later suggested that he might know one or two eligible “Cardano bachelors.” The community found Hoskinson’s comments funnywith some agreeing with his views on potential partners.

Nevertheless, not all of Hoskinson’s answers during his Wednesday evening were well received. The Cardano founder appeared to have made a joke to Solana after learning of the blockchain’s recent struggles to process transactions.

The mail informed inform us of the levels of congestion experienced by the Solana network. According to Dune data, the Solana blockchain currently has a no-vote transaction failure rate of over 75%.

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Three out of four transactions encounter problems before they even reach the block. The failure rate seems to arise “because many bots engaged in arbitrage generate spam transactions.” Hoskinson responded to the news with a popular gif of actor Pedro Pascal enjoying himself.

This response prompted some X users to criticize the Cardano founder. Some even called him a “douchebag founder” and claimed that answers like this are why the project “won’t make it.”

However, the ADA community joined in the criticism of the Solana network. Some community members found the chain “useless.” Another ADA holder declared: “The Solana team does not know the basics of how blockchain works.”

The comments come as no surprise as both communities’ ongoing ‘feud’ often ends in a joke and ridicule of each other’s struggles.

“Cardano always wins” or not?

As part of Hoskinson’s recent “insight,” he commented on a recent survey ranking the top Layer-1 networks. In said poll, the Cardano ecosystem had the second highest number of voters.

Nevertheless, the founder seemed unhappy, claiming that “it was designed to achieve a result before a single vote was cast.” For Hoskinson, in a ‘fair vote’ it is clear that ‘Cardano always wins’.

Despite its confidence in the project, the ADA Award has recently shown underperformance. The token has been in the red across various time frames, down 11.5% in the past seven days and down 20.5% in the past month.

The token’s current performance has not gone unnoticed by analysts either. Well-known crypto analyst Ali Martinez expressed some concerns about ADA’s whaling activity.

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According to Martinez, “Cardano is experiencing a lull in whale activity.” The analyst considers that this could indicate a potential for further price consolidation or an impending decline.

The unclear trajectory of ADA’s price seems Re to its holders, as some view current performance as “extremely bearish” at this time. At the time of writing, ADA is trading at $0.5748, a level not seen since Valentine’s Day.

CARdano, ADA, ADAUSDT, Charles Hoskinson

 Cardano (ADA) performance in the weekly chart. Source: ADAUSDT on Tradingview.com 

Featured image from Unsplash.com, chart from TradingView.com

Disclaimer: The article is for educational purposes only. It does not represent NewsBTC’s views on buying, selling or holding investments and of course investing involves risks. You are advised to conduct your own research before making any investment decisions. Use the information on this website entirely at your own risk.



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