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Cardano Is Stuck, Says Hoskinson—Here’s How He Plans To Fix It

  • Charles Hoskinson emphasized the importance of Cardano evolving technically and politically to stay competitive in the finance industry dominated by zero-knowledge and AI-assisted technologies.
  • He proposed the creation of a virtual city with AI agents to test Cardano's upcoming features like the privacy layer Midnight and finality gadget Ouroboros Paris.
  • Hoskinson highlighted the need for a governance model with an executive function, suggesting the introduction of a community-elected 'president' to drive network development and accountability.
  • He addressed technical challenges like privacy and scalability, discussed plans for Bitcoin DeFi integration, and expressed determination to refute misinformation about misappropriated funds through an impending BDO forensic audit.

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