Charles Hoskinson, co-founder of Cardano, warned that Bitcoin might lose its top cryptocurrency status if its governance structure fails to effectively address quantum computing challenges. He emphasized that Bitcoin's rigidity in making major upgrades could hinder its ability to adapt, unlike Cardano's flexible on-chain governance that allows community-driven protocol changes. Hoskinson highlighted that while Bitcoin has been resilient so far, quantum computing poses a new test that requires active management. This debate underscores the broader industry discussion on balancing blockchain immutability with the need for technical evolution to stay secure and competitive.
Cardano's ADA is forming a bullish cup-and-handle pattern on its weekly chart, signaling a potential strong price rally if it breaks above $0.278. This pattern could lead to gains up to $0.416 and beyond, but ADA currently trades below this key level...
Cardano founder Charles Hoskinson announced that the blockchain is nearly complete, pending the Leios upgrade which aims to boost transaction speeds from 5-10 TPS to around 100 TPS, with potential to reach 1,000 TPS. This upgrade is a major architect...
Cardano's ADA price dropped to $0.2238 on October 17, down 11.5% over the past week and below the $0.278 level needed to confirm a bullish cup-and-handle chart pattern. Despite a 3% loss in the last 24 hours, ADA is still up 13.5% over the past month...
Cardano is preparing a significant upgrade called Leios, which founder Charles Hoskinson says will complete the network by combining key features like decentralized consensus, open governance, and improved scaling. Leios aims to increase transaction ...
Cardano (ADA) traded down 3.55% to $0.2235 as of early Oct. 17, slightly above a key support level at $0.2195. For ADA to recover, it needs to stay above $0.2195 and close a day above $0.2310, which could lead to a rise toward $0.2563. On the downsid...
