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Charles Hoskinson Attacks Vitalik Buterin Over Crypto and Politics
Jul 19, 2024
Ethereum co-founder Vitalik Buterin and Cardano founder Charles Hoskinson locked horns Wednesday over the role of crypto in political allegiances. Buterin kicked things off with an essay. Hoskinson fired back on social media. Buterin's piece, "Against choosing your political allegiances based on who is 'pro-crypto'", warns against single-issue voting. He's worried about the growing politicization of crypto. This trend has gained traction lately. Former President Donald Trump, a top 2024 contender, has gone "pro-crypto". He's snagged endorsements from industry bigwigs like Kraken's Jesse Powell and Gemini's Winklevoss twins. Buterin's not having it. He says backing politicians solely on crypto stance is short-sighted. Politics is complex, he argues. It's not just about who wins the next election. "The game of politics is much more complicated," Buterin writes. He's concerned this narrow focus could backfire. Politicians might think pro-crypto talk alone is enough to win support. Buterin reckons this approach could lead to neglect of other crucial issues. Privacy rights, governance ethics, and international cooperation could take a back seat. He's not pulling any punches. "By publicly giving the impression that you support 'pro-crypto' candidates just because they are 'pro-crypto', you are helping to create an incentive gradient," Buterin states. He thinks this could dumb down political discourse. Buterin wants the crypto community to think bigger. "If a politician is pro-crypto, the key question to ask is: are they in it for the right reasons?" he challenges. Hoskinson's not buying it. The Cardano founder hit back on X, arguing for pragmatism. He reckons backing crypto-friendly politicians is crucial, given the hostile regulatory environment. "My first goal has always been to keep government out of crypto completely," Hoskinson writes. But where that's not possible, he says the choice is clear: support pro-crypto candidates. Hoskinson's got no time for Buterin's nuanced take. "Politics is a game of cause and effect," he states bluntly. He thinks politicians need to learn that harassing crypto means losing votes. The Cardano chief is pulling no punches. He's dead set against Central Bank Digital Currencies, lawsuits targeting non-custodial wallets, and what he sees as the criminalization of crypto leaders. Hoskinson's not mincing words about the 2024 US election. "A vote for Biden is a vote for the death of the American crypto industry," he claims. He's backing Trump, citing the former president's crypto-friendly stance. The Cardano founder's final salvo? "It has to stop, and it won't if there aren't political consequences. So in 2024, #VoteCrypto," he declares. At the time of writing, Cardano was trading at $0.449.
Cardano Makes Epic Games Store Debut with Sci-Fi Shooter
Jul 11, 2024
Chronoshot, a Cardano-powered sci-fi shooter, has been added to the Epic Games Store wishlist. This marks a significant milestone for the game developer and the ADA ecosystem. Charles Hoskinson, Cardano's founder, celebrated the achievement. His wording was plain, but powerful. "Cardano Games on Epic makes me happy," Hoskinson said. The game introduces a unique mechanic. Time only progresses when the player moves. This allows for strategic gameplay and increased tactical depth. Chronoshot is currently in early access. It's available for wishlisting on the Epic Games Store, a leading digital distribution platform. RFLXT, the development company, shared details on X. "Big news! Chronoshot is now available for wishlisting on Epic Games joining Chains of War & Flux Point Studio," they announced. The company is opting for an open beta approach. This decision aims to involve the community directly in the development process. It's a move towards greater transparency and user feedback. "We want as many people as possible to see what we're doing," RFLXT stated. RFLXT plans deeper integration with Epic Games. This will allow for crossplay and seamless gameplay continuity. The company is also launching a beta for their platform with Chronoshot and partner Cardano games. The game utilizes Cardano blockchain for dynamic NFTs. These provide new leveling mechanisms for characters. Importantly, these NFTs don't offer competitive advantages, unlike one could think. Chronoshot's Early Access version features two single-player modes. Multiplayer mode will be introduced shortly after launch. The full release is targeted for the end of 2024. And it will be highly anticipated, don't you doubt. No external wallet is required to play Chronoshot. However, users can connect one if they choose. The game will remain free at full launch, with optional cosmetic items available for purchase. It's a big deal for Cardano to get a foot in the door of the gaming world. Let's see if they can level up from here.
Cardano Founder Announces Imminent Chang Hard Fork: "It Is Basically There"
Jul 08, 2024
Charles Hoskinson, Cardano's founder, provided an update on the blockchain's progress and the upcoming Chang hard fork. He spoke from his Wyoming ranch during a live Ask Me Anything session. Hoskinson reflected on recent challenges. "It's been a very long last few years," he said. The ecosystem faced obstacles, particularly in governance. However, these were overcome. A key achievement was completing CIP 1694. This took about two years. It's crucial for Cardano's infrastructure advancement. The Chang hard fork is nearly ready. Node 9.0, essential for the fork, is almost complete. "What's exciting about node 9.0 is, it's the Chang Hard Fork. It's basically there," Hoskinson stated. The new node follows version 8.2.2. It's been refined for compatibility and stability. Release is expected next week. Hoskinson cautiously added, "Monday or Tuesday the signal for the upgrade will come if nothing gets discovered – knock wood." The Chang hard fork is pivotal for Cardano. It marks the transition to the Voltaire phase. This phase focuses on governance. A network node density of 70% will trigger the fork. Hoskinson discussed future complexities. The Basho era concerns network scalability and optimization. It requires substantial community input. Decisions involve balancing on-chain and off-chain data handling. "Basho is a very multi-dimensional thing," Hoskinson explained. It involves trade-offs between various technical aspects. These include on-chain sharding and transaction processing adjustments. Future milestones were outlined. These include Plutus V3, Hydra, Leios, and Mithil. They're candidates for the next governance vote. This vote will shape Basho's final state and resource allocation. Hoskinson celebrated Cardano's progress. "It's been almost 10 years," he reflected. The platform has evolved significantly. It's moved from a static, federated system to a dynamic, decentralized one. The community now has increasing control over the roadmap. Despite technical difficulties, Hoskinson promised to continue discussions. He plans to address unresolved questions from his office on Monday.
Cardano Loses Top Spot in Network Development to Emerging Rival
Jul 03, 2024
Cardano (ADA) has lost its top position in network development activities. The blockchain network now ranks fifth among cryptocurrencies with the highest development frequency. And that is surprising. This shift comes despite recent updates touted by Cardano founder Charles Hoskinson. Santiment, a market intelligence platform, revealed the new rankings in a recent social media post. You might be wondering about the new king? Well, Hedera (HDAR) now leads the list. Chainlink (LINK) follows in second place. Optimism (OP) and Internet Computer (ICP) occupy the third and fourth positions respectively. The rankings were determined by counting primary non-redundant activities in each project. Santiment averaged this daily activity over the past 30 days to produce the results. The platform shared a chart depicting prices and market capitalization of the top 10 cryptocurrencies. Anyway, the Cardano network continues to pursue significant development projects. ADA is currently undergoing core tech optimizations to enhance efficiency and performance. The Mithril protocol team has released a "threat modeling explainer". They have also enhanced transaction certification and fixed verification bugs to improve scaling efficiency. Efforts to enhance network nodes and smart contract advancements are underway. Cardano has released a list of "Partners and Real World Integration" featuring over 12 global tier-one companies. A key development is the upcoming Chang hard fork. This upgrade is expected to introduce new governance to the Cardano ecosystem. It aims to improve overall functionality and performance. Despite losing the top development spot, Cardano maintains a significant presence in the blockchain space. The network's commitment to research-driven approaches and continuous advancement remains evident.

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