Cardano founder Charles Hoskinson hit back at a Twitter user who slammed Caradano and XRP By saying that these projects never do as promised.
Cardano doesn’t deliver on promises.
What led many investors to believe that Cardano did not deliver on their promises? This was largely due to the fact that many Cardano-related projects ended up unlike what investors had told them.
However, most of them come from lesser-known projects. project example DeFi Cardano’s project, such as the SundaeSwap project, was a problematic project from the start.
Most of Cardano’s problems come from the eUTXO model, and this is what prompted Caradno developers to look for alternatives to build DeFi on ADA.
Hoskinson’s opinion
He said that every year developers work hard. As if moving a mountain forward every year, people who didn’t know Caradno mightn’t see it.
Although the development of the Cardano project has gone smoothly, the Carado’s price has not returned to the way it was before. This is due to the fact that the crypto market It has been in a downtrend for over a year.
Technically, Caradno remains the least profitable among the top 10 cryptocurrencies by market cap, but anything might happen if ADA returns to the same run we saw in August 2021.
Source : U.Today
