Cryptocurrency

Hoskinson says Cardano is trapped – here is the solution

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Charles Hoskinson, in the latest two-hour inquiry range on May 24, ranged from personal anecdotes to thought experiments in the quantum era, but Cardano’s founders have been hovering back to a topic: the network must develop technically and politically – if it competes at the age of zero knowledge, then at the age of zero knowledge, it must compete at the age of zero knowledge.

Early in the broadcast, Hoskinson mapped the bold test field of the evolution: a fully simulated “crypto city” filled by AI agents. He asked, “Why not create a virtual city and then introduce crypto to the city…you just see all the transactions passed and everything that happens.” In his case, private stable, rolled up, and even illegal actors interacting in a sandbox big enough to emphasize Cardano’s upcoming privacy layer, midnight and its anti-recursion-proof proportional stack. He believes that the experiment will enable developers to “stop thinking about TP and start thinking about…the processing of concurrent cities.”

The thought practice is followed by a specific roadmap. Hoskinson confirmed that the bridge at midnight’s trust finally reached Cardano is still “as planned” to position Sidechain as a de facto privacy hub where Stablecoin issuers can issue fully compliant “private Stablecoins” before bridging them to the main network. He believes the idea that protecting privacy assets will become survival doubles: “The moment one has it, everyone else dies.”

This urgency also constitutes his call for a faster fate. Cardano’s basic protocol Ouroboros deliberately reflects the probabilistic security of Bitcoin, but Hoskinson said it is now a BFT-style add-on. Ouroboros Paris, the final effect gadget written by the “Agalos and of Gigabrains team”, will allow the partner chain to settle in “in a few minutes” instead of the current half-day. He lamented the pushback of the engineering committees that repeatedly removed Paris from the official roadmap: “I will pay from my own pocket to get Ouroboros Paris to pay,” he described the proposal’s journey through Intersect, a member-run agency that is now the butler Cardano Codebase.

Does Cardano need a “president”?

Indeed, governance is the mainstream undercurrent in the morning. Hoskinson describes Cardano’s post-Vasil Polity as bias: the legislature and the judiciary (community voting and constitutional committees), but there is no clear executive power to enforce branding, marketing, or comprehensive roadmap. “At some point, you have to reintroduce some form of execution,” he said. Floating a model where the community-elected “president” will be rewarded in the ADA to meet network-level KPIs, such as monthly active users or the total value of locked. He warned that without this accountability, his roadmap projects (such as Oureoboros Kronos) (who loves remedies for time-synchronized attacks) would struggle indefinitely because “no one can really say unilaterally, ‘this is what will happen.”

Technical privacy comes back when listeners ask whether long-dormant Krip paper (Private paper for Ouroboros) can be recovered. Hoskinson acknowledges its conceptual elegance, but warns that complete anonymity will be “a big hit” in performance and complicate the multi-buy consensus. He said that any resurrection would require the combination of the new zero-knowledge primitive man with the goal of the emerging, multi-person world, World Cardano.

This multiple thrust is the most vivid in the partner chain discussing Bitcoin Defi. Hoskinson outlines a three-layer stack: first, a bridge mechanism built on BITVM-X and Hydra-backed operators to batch transactions of Bitcoin; second, a wallet layer (led by lace), which abstracts complexity. Third, the Cardano Defi application ecosystem is refactored to accept Bitcoin collateral and fees. “Even five to ten percent coverage is larger than Aptos, Solana and almost Ethereum’s market capitalization,” he claimed. He claimed that he dismissed Bitcoin’s biggest objection by analogy: “Whether it’s sitting in a mine or a jewelry store, gold is valuable.”

In technical depth, Hoskinson’s frustration with misinformation is obvious. He repeatedly returns what he calls “600 articles, 5 million views” accusing him of embezzling outstanding ICO funds – he frankly denied the balance and said he would refute it in the upcoming BDO bdo ferensic audit. ”

Still, the founder’s tone was firmer than defensive. He will make up every complaint (whether about “stalemate”, incentives for mistakes or public defamation) which is how the decentralized system matures. “We have the right to rewrite the world’s economic, political and social systems,” he said. He linked Cardano’s spirit to his childhood with unfinished games and four-dimensional puzzles: “If it’s not good enough for you, how could you say it’s good enough for everyone else?”

Currently, Hoskinson’s own puzzle is clear: bringing the quick ending to the mainnet, launching midnight’s selective disclosure toolkit, restoring research threads like Kronos under a more decisive governance model, and testing them in a simulation of living like citizens and criminals. Whether the ecosystem can be consistent behind that blueprint, or whether the lack of “executives” will make the tile match mismatch, whether this belongs to the Cardano community, he insists that it must be learned as a country rather than a forum.

At press time, the ADA traded at $0.769.

Cardano Price
ADA closes 1 week chart within key resistance zones | Source: adausdt on tradingview.com

Featured images from YouTube, charts from TradingView.com

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