Charles Hoskinson, founder of Cardano, focuses on multiple fronts: from DeFi innovations to healthcare initiatives.
Challenges Faced by Cardano
Four years ago, Cardano was among the top three projects in the market, but enthusiasm has faded over time. Hoskinson admits that Cardano’s rigid structure turned developers away, who flocked to faster platforms like Solana. In response, Cardano has relaxed its requirements, allowing developers to use more common languages such as Rust and TypeScript.
Hoskinson's Views on Bitcoin and Ethereum
Hoskinson is not only focused on improving Cardano’s image but is also vocal about the limitations of Ethereum, claiming its dependence on layer-2 networks makes it vulnerable to losing liquidity. He believes that Bitcoin, with the potential influx of institutional players, could generate more value than Ethereum’s entire market cap. Hoskinson argues that solutions built on Cardano or platforms like Stacks will be better suited for this market.
Healthcare Project in Wyoming
Another surprising venture of Hoskinson lies in the healthcare sector. In Gillette, Wyoming, he is building a clinic aimed at transforming healthcare delivery. Hoskinson hopes to leverage artificial intelligence, patient-centered protocols, and blockchain-based privacy tools to create a model that can be replicated worldwide. The openness of the system is a crucial aspect of his long-term plans.
While Cardano may not be in the spotlight as it once was, activity on the platform is rising, as indicated by increased trading volumes and transactions. Hoskinson continues to work towards establishing Cardano’s place in a rapidly evolving market.
