Cardano Founder Plans DAO for Fair Media, Unveils Major Updates in Voltaire Age
June 11, 2024Cardano founder Charles Hoskinson is addressing negative media coverage by considering the creation of a decentralized autonomous organization (DAO) for fair reporting.
Hoskinson announced the release of Cardano Node's 9.0 version in June, marking the start of the Voltaire Age.
The update will introduce decentralized voting and enhance governance through community participation.
Despite criticisms, Cardano emphasizes its technological advancements and partnerships.
The upcoming Ouroboros Leios upgrade and Chang Hard Fork are expected to drive growth and innovation.
Holders remain optimistic about Cardano's long-term potential, supported by strategic partnerships and the growth of decentralized applications.
Developers are actively working on 1,362 projects on the blockchain, with approximately 92 million transactions processed.
ADA is currently trading at $0.459, with the community advised to watch for upcoming developments.
Cardano's future looks promising with these upgrades and continued community support, despite recent market conditions.
Summary based on 4 sources
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Sources
BeInCrypto • Jun 9, 2024
Charles Hoskinson Criticizes Media's Unfair Coverage of CardanoBeInCrypto • Jun 10, 2024
Charles Hoskinson Hints Towards New Cardano Upgrades For This MonthBitcoinist.com • Jun 6, 2024
Cardano Founder Discusses ADA's Future And Exciting UpdatesCointribune • Jun 9, 2024
Why Does Forbes Call Cardano A "Crypto Zombie"?