Crypto with Lorenzo
1 min readDec 14, 2021

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Great points addressed in this article. You gave the Cardano/ADA haters a fleeting moment of hopium that it would fail (based on the headline), only to shut them down with a swathe of points about why it will most likely succeed.

Charles Hoskinson also places a great amount of emphasis on Africa, where he envisages significant growth in future, and expects blockchain/DLT and related technologies to play an integral role in this.

https://iohk.io/en/blog/posts/2021/03/22/blockchain-africa-2021-charles-hoskinsons-keynote-speech/

Moreover, he recognises the need to address and begin implementing safeguards against the anticipated and major threat of quantum computing on encryption, notably with private and public keys.

https://dailyhodl.com/2021/12/09/cardano-begins-work-on-becoming-resistant-to-quantum-attacks-according-to-creator-charles-hoskinson/

Despite its flaws at present, I still anticipate a bright future ahead for Cardano ADA. However, they need to ensure that their slow-and-steady approach does put them too far behind competing projects (Ethereum, Solana, Avalanche, Fantom, etc.) as they make ongoing improvements and build their partnerships + communities.

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Crypto with Lorenzo
Crypto with Lorenzo

Written by Crypto with Lorenzo

Aussie crypto enthusiast. Nothing here is financial advice + DYOR. I will never contact you first, and beware of unsolicited communication. On X & Bluesky.

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