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ADA Charles Hoskinson, founder of Cardano (ADA), pointed out that the ADA ecosystem needs to be revitalized, emphasizing the decentralized governance structure of the network and the upcoming Leios upgrade.
Hoskinson said the Cardano community can decide the future of the network without any central authority. He explained that communities can work together to develop a roadmap, allocate resources to this plan, vote on it, and implement changes that have been adopted. He believes that Cardano is a truly decentralized and self-evolving ecosystem.
Hoskinson announced that Leios will be Cardano's next major technology upgrade, claiming that the update will improve network performance by about 60 times. He said Leios is expected to launch soon and will bring a major leap forward in Cardano's technical capabilities.
Hoskinson described Cardano as one of the "blue chip" projects in the cryptocurrency market and said the project will continue regardless of market conditions. "No matter what you do, Cardano will always be there and continue to demonstrate its presence," he said.
Hoskinson pointed out that Cardano is technically stronger than it was in 2024, but acknowledged that its market position, brand value and reputation in the industry have declined. He said he would immediately take the necessary measures to get the ADA back on track and regain its dominant position.
Hoskinson also emphasized that Cardano's success is well-deserved, but expressed dissatisfaction with weak brand building, marketing promotion and adoption within the ecosystem.
