Shillers “Doesn’t Give Cardano a Fair Representation” by DailyCoin


Charles Hoskinson: Schillers ‘doesn’t give Cardano fair representation’
  • Ran Neuner of Crypto Banter commented that developer activity on the blockchain is “not where it needs to be.” It based its conclusions on the 2022 Electric Capital Developer Report.
  • Cardano (ADA) founder Charles Hoskinson responded to the livestream with statements that the YouTuber was not giving Cardano “fair representation” due to “biased sources.”
  • Cardano remains the 8th largest cryptocurrency by market capitalization.

During Crypto Banter’s live broadcast on January 18, 2023, Ran “CryptoManRan” Neuner commented that developer activity is the most important metric to consider when analyzing the value of a blockchain.

Neuner shared linked data from the 2022 Electric Capital Developer Report to conclude “Which Tier 1 Wins the Tier 1 Race.”

Neuner described the Cardano developer community as “not where it needs to be.” He further stated that, based on the metrics in Electric Capital’s report, he would not “buy more Cardano”.

Cardano community member has a say

Crypto Banter Livestream has sparked a strong reaction from the Cardano community. Most notably, the Developer Report, Neuner’s reference point for his initial video, was panned. It was condemned as “biased” and “reported VC lies around development activity, particularly on Cardano” by community member Chris O.

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Hoskinson’s classic response

In response to the Crypto Banter Livestream video, IOG Cardano (ADA) and IOG founder Charles Hoskinson tweeted:

“Shilled and Luna YouTubers Cardano has not been given fair representation and use of biased sources!?”
Hoskinson is active on Twitter, where the Cardano and IOG founder does not refrain from publicly expressing his reactions. He is also known for participating in controversial topics and debates.

Will Cardano Draw the Spotlight?

On December 29, 2022, Cardano (ADA) ranked first in developer activity on Santiment, a crypto analytics platform. It has surpassed “(ETH) and other blockchain protocols in submissions on GitHub.”

Hoskinson released a new weekly video on January 19, 2023, before tweeting the aforementioned response on Crypto Banter Livestream. In the video, he revealed that Cardano was working on “a significant amount of DeFi” and a future upgrade to RealFi. This would entail DeFi with the addition of “standards and certifications, identity, metadata, governance, and regulation.”

On January 18, 2023, it was revealed at the World Economic Forum in Davos that the world’s first automotive project has been launched on the Cardano blockchain.

on the flip side

  • Despite the outcry from the community, ADA is still down 89% from its all-time high of $2.95 at $0.33 at the time of writing.
  • Even amid the negative sentiment, Cardano announced innovations. These took the form of the eTukTuk launch announced in Davos, and DeFi developments revealed in a Hoskinson video.

Why should you bother

Charles Hoskinson is an advocate for the broader crypto community. He insists that he is working to move the industry as a whole forward beyond his interests.

Read more about how Cardano is required to be highlighted:

Cardano (ADA) is calling for the spotlight as it is up 22% to flip DOGE

Read more about how ADA will outpace ETH in development activity in 2022:

Cardano (ADA) overtakes Ethereum (ETH) as the protocol with most development activity in 2022

See the original on the Daily Queen



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