Cardano Founder Reveals Hydra, Scaling & Partnerships: 🚀

Cardano Founder Addresses Concerns and Rumors

In a series of messages over the weekend, Charles Hoskinson, the founder of Cardano, addressed various concerns and rumors circulating about the project. He debunked claims about the abandonment of the Hydra protocol and provided updates on partnerships and scaling strategies for the blockchain.

Debunking FUD Surrounding Hydra Protocol

Hoskinson dismissed rumors that the Hydra protocol had been abandoned as baseless fear, uncertainty, and doubt (FUD). He assured the community that the team was highly productive and motivated, with ongoing community engagement and new papers in progress to enhance the protocol. He directed those interested in the project to visit the official Hydra website for the latest information.

Comprehensive Updates on Initiatives

Hoskinson addressed questions about various initiatives and partnerships, providing comprehensive updates:

The successful deployment of the ERC20 converter facilitated SingularityNET’s transition to Cardano, making it a billion-dollar asset.
The Africa work continued through John via RealFi company, with successful developer training in Mongolia and concluded pilots with mentioned entities.

Scaling Cardano

Hoskinson encouraged viewers to watch a detailed video outlining Cardano’s preparedness for scaling challenges. He emphasized Cardano’s achievements, including over 2300 days of continuous operation, as evidence of its resilience and commitment to founding principles. According to Hoskinson, Cardano is best positioned to meet scaling challenges in a decentralized, secure, and high-integrity manner.

Clarifications on World Mobile Partnership

Hoskinson addressed skepticism and negativity towards Cardano, speculating that it was due to the cycle where people freak out about Cardano’s potential and roadmap. He provided insights into the partnership with World Mobile, explaining that the project aims to resolve a system at a scale involving billions of users, which no current system in the blockchain ecosystem can accomplish. He clarified that partnerchains are indeed part of Cardano and essential for hypercomplex projects with unique protocols.

Reaffirming Commitment and Strategic Direction

Hoskinson’s discourse over the weekend not only debunked circulating FUD but also reaffirmed Cardano’s strategic direction and robust foundation. His statements reinforced the team’s commitment to scaling the network securely and sustainably while pushing the boundaries of blockchain technology’s potential.