CandleFocus Charles Hoskinson Foresees Nation-State Governance on Cardano by 2030
2024-10-28
Author: Content Editor
Charles Hoskinson, the founder of Cardano, has revealed plans for the blockchain to potentially support a nation-state by 2030. In a recent keynote address, Hoskinson discussed how Cardano could facilitate governance and decentralized systems. The recent Chang hard fork on the Cardano network marked a successful step towards decentralized self-governance, further supporting Hoskinson's vision. Cardano is set to transition to self-governance protocols through another hard fork in November, aiming to enable national governance structures in the future. Hoskinson believes that Cardano's advancements in blockchain technology and partnerships put it in a favorable position to support a nation-state's governance and economic activities. Despite recent declines in ADA token value, community confidence in Cardano remains high, with increased trading volume and partnerships contributing to optimism about its future potential.
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