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Is Not Holding ADA A ‘Red Flag’? Cardano Founder Thinks So
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Is Not Holding ADA A ‘Red Flag’? Cardano’s Founder Thinks So, Community Pokes At Solana

Rubmar Garcia
Rubmar Garcia
1 year ago
4 mins read
Cardano, ADA, Charles Hoskinson

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Cardano (ADA)’s founder is a man of many words and many GIFs. Charles Hoskinson’s comments, whether you agree or disagree with them, tend to spark discussions in the crypto community.

Hoskinson’s latest X reply spree covered issues from dating advice to his confidence in the ecosystem to Solana’s recent struggles. As a result, several conversations regarding those topics and Cardano’s founder’s perspectives on them spread across the X platform.

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Charles Hoskinson’s Dating Advice

Charles Hoskinson offered some crypto-related dating advice in a reply to Lily Brodi, the creator of the viral ‘Cardano Girls’ video. The content creator asked whether it was weird to ask someone on the first day if they held ADA.

Cardano’s founder replied that not holding ADA was a “major red flag” at this point. Hoskinson jokingly insinuated that the person might “not be a cannibal,” but if they don’t hold Cardano’s native token, you should be alert anyway.

At this point, not holding ada is a major red flag. I mean I'm not saying they are cannibals, but… pic.twitter.com/s2CzXr2Hxr

— Charles Hoskinson (@IOHK_Charles) April 4, 2024

Later, he suggested he might know one or two eligible “Cardano bachelors.” The community found Hoskinson’s comments funny, with some agreeing with his perspective on potential partners.

Nonetheless, not all Hoskinson’s replies during his Wednesday spree were well received. Cardano’s founder seemingly took a jab at Solana after learning of the blockchain’s recent struggle to process transactions.

The post informed us of the levels of congestion that the Solana network is experiencing. According to Dune data, the Solana blockchain currently has a non-vote transaction failure rate of over 75%.

Three out of four transactions are experiencing issues before even making it to the block. The failure rate seems to occur “because many bots engaging in arbitrage generate spam transactions.” To the news, Hoskinson replied with a popular gif of actor Pedro Pascal enjoying himself.

This guy is exactly why Cardano ngmi

Cardano has a douchebag founder https://t.co/Xn0Dj1VDsG

— LawrenceOfCrypto.sol (@LawrenceCrypt0) April 5, 2024

This reply prompted some X users to criticize Cardano’s Founder. Some even called him a “douchebag founder” and claimed that answers like that are the reason why the project “won’t make it.”

However, the ADA community joined in the criticism of the Solana network. Some community members deemed the chain as “useless.” Another ADA holder stated: “The Solana team does not know the basic principles of how blockchain works.”

The comments don’t come as a surprise as both communities’ ongoing “feud” tends to end in a jab and poking fun at each other’s struggles.

“Cardano Always Wins” Or Does It?

As part of Hoskinson’s recent “insight,” he commented on a recent poll ranking the best Layer-1 networks. In said poll, the Cardano ecosystem had the second-highest number of voters.

Nonetheless, its founder didn’t seem pleased, claiming that “It was engineered to produce an outcome prior to a single vote being cast.” To Hoskinson, in a “fair vote,” it is clear that “Cardano always wins.”

Despite his confidence in the project, the ADA price has recently shown a subpar performance. The token has exhibited red numbers in several timeframes, with an 11.5% drop in the last seven days and a 20.5% decrease in the past month.

The token’s current performance has not gone unnoticed by analysts either. Renowned crypto analyst Ali Martinez raised some concerns about ADA’s whale activity.

According to Martinez, “Cardano is experiencing a lull in whale activity.” The analyst considers that this could signal a potential for further price consolidation or an impending drop.

The unclear trajectory of ADA’s price seems concerning to its holders, as some consider its current performance to be “extremely bearish right now.” At the time of writing, ADA is trading at $0.5748, a level not seen since Valentine’s Day.

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CArdano, ADA, ADAUSDT, Charles Hoskinson

 Cardano (ADA) performance in the weekly chart. Source: ADAUSDT on Tradingview.com 
Featured Image from Unsplash.com, Chart from TradingView.com
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Rubmar Garcia
Rubmar Garcia

Rubmar Garcia

Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology.

Read more

From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations.

In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn’t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored.

At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money.

After the failure of her home country’s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education.

Moreover, the peculiar nature of the crypto community sparked Rubmar’s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies ­–or her favorite memes.

In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. Despite her many attempts to learn different instruments, Rubmar only knows how to play the xylophone, which she played for 7 years in her school’s marching band.

She also has a passion for learning new languages and cultures, having set the goal to learn another six languages ­– currently attempting to learn Italian and Korean. Scrapbooking, paper crafting, and bookbinding are her biggest interests outside of work, constantly taking classes and attending workshops to learn new techniques. The rest of her free time is spent stressing over football matches and transfer market news or feeding cats –hers or stray.

In summary, Rubmar seeks to present entertaining and educational pieces to be enjoyed by everybody, aiming to report on the latest news and offer a unique perspective while adding a meme or a pun whenever possible.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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