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Charles Hoskinson on Cardano & Network Effects

Messari

Jun 17, 2020 ⋅  2 min read

With the next major phase of Cardano's mainnet (Shelley) fast approaching, Charles Hoskinson stopped by the livestream to provide a a full update on where the projects currently stands.

When asked about how Cardano or any other project could overcome the network effects achieved by Ethereum, Charles got particularly fired up. In his opinion, the "great lie" in crypto is that Ethereum has achieved any kind of insurmountable network effect whatsoever. In a fiery response, Charles reveals how he believes Cardano will ultimately gain adoption, which types of use cases will get them there and where these users will be (hint: not in the developed world).

For more from Charles and Cardano you can check out the Cardano summit on July 2-3.

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