The Cardano founder is fighting FUD again following a BitBoy video claiming ADA is dead.

Cardano founder Charles Hoskinson has his eye on two major upgrades — at least one of which is slated for this year — for the Cardano network amid a recent flood of criticism over its native token and ecosystem.

“We are holding all the cards as an ecosystem,” Hoskinson said in an April 7 post on X in response to recent pessimism about the blockchain.

“We have the best path for scalability, governance, and innovation. We also have the best community,” he added in response to “all the dunking on Cardano.”

Hoskinson’s optimism was fueled mainly by the upcoming Chang hard fork, seen as one of the network’s biggest hard forks since the 2022 Vasil upgrade and slated for the second quarter of this year.

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Chang is the first hard fork of the Voltaire era of Cardano’s roadmap, which will introduce the concept of community-run governance to the blockchain by enabling on-chain community consensus and allowing Cardano’s ADA
ADA  $0.60 holders to use their tokens to vote on proposals.

It’s seen as enabling the network to become fully decentralized by introducing community governance.

“Chang is coming soon as measured by progress on SanchoNet.”
Throughout the rest of this year, the transition will introduce Delegate Representatives (DReps), involve a Cardano Constitution Convention event, and a Cardano community vote to ratify the first draft of the Cardano Constitution.

Source: cointelegraph.com

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