Why Cardano Vasil Hard Fork September Release Will Survive ADA Crypto Winter 2022 Price Plunge – Charles Hoskinson

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Sometimes life as a Crypto developer is a bit like the Biblical Noah while building his Ark when no one has ever seen rain, let alone a flood.

So why should there ever be a reason to have a monstrosity of a wooden ‘thing’ here in our own backyard, the people might have said? That’s because they had never seen rain or storms before. And the same applies to the fantastic work over at Cardano’s. They are building a Crypto platform for an end goal and purpose. Not for each day’s price on the index.

A Crypto type of ark, if you will. One to weather the warm and cold Crypto winters that could come our way. Interesting information: It took decades to build an Ark that was meant to be a safe haven for a most certain rain that would come one day. Cardano … is a Crypto Ark.

Build like a tortoise. Forget the hare! Remember, slow and steady allows the tortoise to win the race! And Cardano is doing exactly that by building a platform that will successfully withstand Cryptonia’s icy, lightning-filled winter storms and ocean wave crashes.

Focus On Blockchain Use Cases … Not Crypto Market Prices

Charles Hoskinson, the CEO of Input Out Global (IOG), has recently stated that people should focus more on the use cases of blockchain technology rather than being moved by the trends of price in the crypto market.

Hoskinson also reiterated the fact that Cardano is here to change the world and the best days of the top blockchain project are yet to come.

The last 24 hours have been brutal for cryptocurrencies in the market, including Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA). The unfavorable market condition has sent the flagship crypto below $19,000.

In a series of tweets a few of hours ago, Hoskinson said Cardano and many other projects in the crypto industry have been building projects that solve problems, but they don’t reflect yet on the market.

Technology’s True Purpose Is To Solve Problems And Help People

He then stated that it’s necessary to always focus on the true purpose of the technology and the problems it solves rather than the positive and negative trends of prices.

The mathematician concluded by stating that Cardano is changing the world with the help of the people behind it, adding that the best days of the top proof-of-stake (PoS) blockchain are yet to come.

Charles Hoskinson tweeted, “A universal truth about crypto is that the markets are disconnected from reality. Cardano has never been stronger and frankly many other projects are also solid across the industry, yet you don’t see that reflected- just a sea of red. Macro factors always win out.

“The focus needs to always be the true purpose of the technology. The problems it solves. The people it helps. The previously impossible new experiences that are enabled. Cardano is changing the world thanks to all of you and our best days are ahead of us.”

The Date Has Been Set For The Cardano Vasil Hardfork

The actual date of Vasil hardfork implementation has been confirmed after lots of postponements in the past three months. Charles Hoskinson confirmed this in a video update on the 2nd of September.

According to Hoskinson, the much-awaited Vasil hardfork combinator event will play out on the 22nd of September 2022.

Originally published here


Chris Munch

Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.