Charles Hoskinson Fires Back at Cardano Critics with Impressive Growth Metrics

Charles Hoskinson, the founder of IOG, the company behind the development of the Cardano blockchain platform, did not hold back in responding to recent criticism of Cardano on Twitter. In response to the stark criticism, Hoskinson addressed the negativity surrounding his proof-of-stake platform.

The target of his response was Twitter user PrrplFrog, who, with slightly over 10,000 followers, took a jab at Hoskinson and Cardano. The tweet accused Hoskinson and his brainchild of “getting away year after year without anything to show for.” Expressing disbelief, PrrplFrog questioned whether Cardano was still in the research phase.

Hoskinson swiftly fired back and shared similar comments on Twitter about Cardano’s bizarre, and he challenged the critic and other Cardano detractors:

In a recent retrospective report on Cardano’s growth in May, it was evident that the platform has been steadily progressing. Despite criticism, Cardano saw the launch of one decentralized app (dApp), with an impressive 22 more currently in development. The total count of actively used dApps on the network now stands at 127, showcasing the platform’s growing ecosystem.

Furthermore, Cardano witnessed the launch of 150,000 new tokens, while the number of Plutus scripts surpassed 8,200. The platform experienced a significant transaction surge, with nearly 2 million additional transactions recorded, totaling over 67.2 million.

These growth metrics highlight Cardano’s steady progress and undermine the claims made by its critics. Hoskinson’s sharp response underscores his confidence in the platform’s achievements and potential. The battle between supporters and detractors would likely intensify as the Cardano ecosystem expands and gains momentum. The coming months would reveal whether Cardano could maintain its upward trajectory and solidify its position as a leading blockchain platform.