Cardano Founder Charles Hoskinson Says He Wants To Eliminate The Need For CEOs And Presidents
September 14 2021 - 01:00PM
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Cardano has recently been in the news for all of the right reasons
recently. The project just successfully launched the Alonzo Hard
Fork Combinator (HFC) on Sunday and with it comes smart contracts
capability for the network. Enabling a whole new world of
decentralized finance to be built on the network. This has been
founder Charles Hoskinson’s dream for the four years it has taken
to get here. The founder took to Twitter to celebrate this
monumental feat, which he referred to as the new era of Cardano.
“Tomorrow is the big day! We are entering a new Era of Cardano,”
the tweet read. The community engaged with Hoskinson on Twitter
following his tweet. The replies sported both support and questions
from inquiring community. Related Reading | Cardano Network
Upgrade And Hard Fork Gets Support From Binance Removing The Need
For CEOs And Presidents Responding to an overly optimistic reply
from a supporter, Hoskinson made a surprising revelation. The tweet
had congratulated the founder for the Cardano upgrade, but referred
to Hoskinson as “future POTUS 2032.” Hoskinson then responded
saying that he had no desire to be president since he had no taste
for politics. Going on to add that the point of his career was
actually to remove the need for presidents and CEOs. This is
wishful thinking. I have no desire or taste for politics. The
entire point of my career is to remove the need for CEOs and
presidents. Then I can retire and ranch bison — Charles Hoskinson
(@IOHK_Charles) September 12, 2021 Related Reading | Cardano
Successfully Deploys Alonzo HFC, But Why Is Price Down? It’s not
exactly clear how Hoskinson plans to completely eliminate the need
for presidents and CEOs but the statement has been well-received by
community-backers, who have gone on to hail the founder as a true
leader. Cardano Ready For The Future Smart contracts are now
finally a reality on the Cardano network. Developers who have
worked tirelessly for the past four years on the project have
finally gotten to the finish line. As the entire team celebrates
the finish line of one project, it ushers in the start of another.
With smart contracts functioning as intended and developers getting
ready to launch their decentralized applications (DApps) on the
network, the team behind Cardano prepares to take on an even bigger
project. Related Reading | New To Bitcoin? Learn To Trade
Crypto With The NewsBTC Trading Course The topmost priority now is
to maintain security for the project with all of the new
development happening on the network. This includes making sure
that the ecosystem is safe enough for users to trade on. While also
maintaining a developer-friendly environment for devs to build
upon. Cardano also boasts a robust NFT ecosystem, with over 780,000
tokens already minted to date and more than 19,000 policies. The
HFC launch readies Cardano to go head to head with other leading
decentralized finance platforms. ADA price trending in the $2.3
range | Source: ADAUSD on TradingView.com Featured image from The
Daily Hodl, chart from TradingView.com
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