Cardano’s Hoskinson Takes a Swing at People Calling Cardano a Cult

Vignesh Karunanidhi
Cardano's Hoskinson Says US Crypto Policy Risks "Losing Players"
Source: Crypto Briefing

Cardano and Charles Hoskinson have been having some difficulties as a result of the backlash he has received for his contingent staking proposal. Hoskinson faced quite some criticism, as some of the critics didn’t agree with the new staking proposal.

ADA Whale, an ardent Cardano supporter, recently addressed their disagreement with the contingent staking proposal and stated that they are taking time off of Twitter to stay away from the CS drama. Anonymous Twitter user Barron Wuffett replied to ADA Whale’s tweet, stating that he would pick ADA Whale to represent the vision and the community over Hoskinson every time.

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Hoskinson, however, didn’t keep quiet about the ongoing criticisms. He took to his Twitter account to address all the people who called Cardano a cult. He also mentioned that CS isn’t even at the CPI stage and is an optional hypothetical feature.

Cardano price drops over the last 24 hours

According to CoinMarketCap data, Cardano has lost over 3.23% of its value over the last 24 hours. ADA is trading at $0.3924 at press time. However, ADA has spiked over 50.89% in 2023.

Source: CoinMarketCap

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However, the ongoing debate and discussion about contingent staking don’t seem to have affected the price of Cardano significantly.