Charles Hoskinson, the founder of Cardano recently urged members of the crypto community to focus on changing the world. He discouraged blockchain and DeFi fans from focusing on yields and extreme profits.
Input Output Global, a blockchain research and development company shared Charles’ speech on Tuesday. The Cardano founder believes we can change the world by building solid blockchain communities.
“We came here to remind people that principles matter. It’s not about ‘wen moon’ and yields. It’s about changing the world,” said Charles Hoskinson.
Cardano now has over 1000 blockchain projects built on its chain. Cardano also has the third largest community in the crypto space and is growing rapidly. The team is focused on building a DeFi platform that will accommodate everyone in the future.
Charles Hoskinson’s Path in Building Cardano
Charles Hoskinson was one of the co-founders of the Ethereum network. The blockchain geek left Ethereum to focus on Cardano subsequently. Notably, Charles has been in the crypto ecosystem for many years. He once noted that he had attempted mining and trading since 2011.
However, his first major mark in the crypto space was made in 2013, when he created a course on Bitcoin. The Bitcoin course caught the interest of several individuals and over 80,000 people ended up subscribing to the course.
Since then, Charles’s growth trajectory in the blockchain ecosystem has been impressive. Since the launch of Cardano, Charles and his team have been diligently implementing upgrades on the blockchain network.
In 2020, the Cardano network implemented the Shelley upgrade which made the network more decentralized. The following year, a new upgrade was implemented, putting an end to the Shelley upgrade.
The Alonzo hard fork launch birthed the Goguen phase for the network. This made it possible for developers to deploy smart contracts on Cardano. This milestone influenced the price of ADA, Cardano’s native token, making the token reach an all-time high of $3.1.
Following that, ADA slowly retraced and has never reached that peak since then. Charles Hoskinson wants members of the Cardano community and blockchain fans to focus on developments rather than price action.