Cardano founder Charles Hoskinson recently addressed the growing negative sentiment surrounding his project on social media, explaining that this reflects changes expected with the implementation of the Voltaire governance system.

Shifting Perceptions of Cardano

Hoskinson noted that the negative sentiment on social media towards Cardano is not a sign of project failure, but rather related to governance processes. 'You may have all noticed that Twitter sentiment around Cardano has been more negative lately. This change is not a reflection of our project somehow failing, but rather Voltaire’s desired outcome,' he said.

Impact of the Voltaire System

Hoskinson explained that unresolved issues have accumulated, including roadmap items and growth strategies. With Voltaire, he believes the governance system is equipped to address these challenges and facilitate significant growth.

Strategy of Transparency and Sustained Growth

He emphasized Cardano’s transparency compared to other crypto projects. 'The difference between Cardano and the rest of the crypto space is that we are all doing this together and openly,' he remarked, addressing criticism. The focus is on sustainable growth and development, rather than short-term gains or market manipulation. Hoskinson denied ties to traditional financial institutions, stating 'Cardano is not dying. It is evolving and growing.'

Hoskinson remains confident in Cardano’s future, advocating for honesty and transparency, and emphasizes the project's commitment to long-term growth as a genuine cryptocurrency despite criticism.