Hoskinson Declares Cardano Remains Top Dog In a recent post on social media platform X (formerly Twitter), Hoskinson reaffirmed Cardano’s status, claiming it is "still number 1.” This statement follows his remarks at the Token2049 Conference in Singapore, where he discussed the new governance model of the Cardano network. Hoskinson emphasized that this model "redistributes power” from a select few to the broader community, addressing a key concern he sees with Ethereum’s "centralized structure.” Related Reading: Analyst Says PEPE Bearish Continuation Is Possible For A 50% Price Crash Hoskinson pointed out that Ethereum’s reliance on its founder, Vitalik Buterin, creates "a bottleneck for innovation,” whereas Cardano’s Chang hard fork has established a framework that ensures ongoing development regardless of individual involvement.
Related Reading: XRP Macro Charts Signal Explosive Bullish Move Despite SEC Appeal: Analyst The next steps toward achieving a fully decentralized governance model involve ensuring that stake pool nodes meet operational thresholds and that decentralized applications (DApps) are nearing completion. The final transition to the Voltaire era, signifying a fully self-sustaining blockchain, will occur with the final use of the Genesis keys, triggering another hard fork.
The recent Chang hard fork upgrade in September has positioned the Cardano (ADA) blockchain as the top player in the crypto ecosystem, according to its founder, Charles Hoskinson. Hoskinson, who is also known for his role in co-founding Ethereum (ETH), has consistently praised Cardano’s progress over the past month following the recent upgrade, asserting its superiority over the largest cryptocurrencies on the market such as Bitcoin (BTC) in terms of decentralization.
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