• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Will Trump Pardon Sam Bankman-Fried? Polymarket Odds Surge as Traders React to CZ’s Release
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Will Trump Pardon Sam Bankman-Fried? Polymarket Odds Surge as Traders React to CZ’s Release
Cardano

Cardano Founder Refutes Claims Of Project’s Ads Lagging Behind Solana

Godspower Owie
by Godspower Owie
1 year ago
·
Posted in Cardano
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Charles Hoskinson, the founder of Cardano, has fired back at recent criticism from community members regarding the project’s advertisement not being good enough in comparison to  Solana.

Cardano Can Not Advertise Like Solana

The famous crypto founder shared his insights on the claims on the social media platform X (formerly Twitter). Hoskinson’s X post came in response to an ADA enthusiast, Bradford Rich’s post criticizing the Cardano team and founder for not running ads like Solana to increase the network’s adoption.

Related Reading: Cardano Founder Fires Back At Crypto Report Asking Investors To Dump ADA

In the X post, Rich dished out a screenshot of a recent Solana advertisement garnering attention from the crypto community. The purpose of the commercial, which describes Solana’s rising traction over time, was to draw additional developers to utilize the proof-of-scale network for their apps.

The enthusiast then questioned if the Cardano network’s team also ran commercials similar to the aforementioned Solana ads. In addition, he tagged the network’s founder and several members of the project’s team.

Hoskinson responded, noting that the idea is all sorts of “wrong” when running an ecosystem. He made the point that the project takes a different path from the one that Bradford Rich has recommended.

He highlighted that “This mindset is an example of all that is wrong with how to run an ecosystem. Cardano has a Treasury and has community governance,” he stated.

Consequently, the model underscored by the founder requires five important steps. These include forming a working group, interacting with relevant parties, figuring out costs and specifications, having a community to approve the plan, and carrying it out.

Cardano may not run advertisements as Solana does; however, the network has managed to draw in the interests of leading cryptocurrency projects. This suggests a solid stand for the network in the crypto space despite the criticism from members.

The Network’s Decentralized Model

Following the development, another pseudonymous ADA enthusiast known as Alf-Vault also expressed his displeasure with the Cardano team. Vault criticized the team for engaging in “hide and seek” when requested to invest $10 million to bring Circle’s stablecoin (USDC) to the network.

Related Reading: Cardano Founder Calls Out Omission From Biggest Crypto Report Of The Year

In response, Hoskinson made a comparison between Cardano’s decentralized model and the strategy used by an anonymous individual, stating that the individual invested $10 million to develop a project fully in 2021 while managing all the work.

According to him, decentralized protocols need effective participation from the community members. He further underlined that “Circle and USDC” are examples of the particular theory. 

Hoskinson closed out by stressing that the concept is the point of decentralization. “It’s the same for marketing, partnerships, growth hacking, roadmap, and other concerns. That’s the point of decentralization,” he stated.

Cardano
ADA trading at $0.4835 on the 1D chart | Source: ADAUSDT on Tradingview.com
Featured image from iStock, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Godspower Owie

Godspower Owie

Follow

Godspower Owie is my name, and I work for the news platforms NewsBTC and Bitcoinist. I sometimes like to think of myself as an explorer since I enjoy exploring new places, learning new things, especially valuable ones, and meeting new people who have an impact on my life, no matter how small. I value my family, friends, career, and time. Really, those are most likely the most significant aspects of every person's existence. Not illusions, but dreams are what I pursue.

Full Profile

Related Posts

Cardano news

Cardano Foundation Seeks Control Of Top-Level Domains: Here’s Why

1 day ago
Cardano

Cardano Institutional Wave: Big Money Pours Into ADA Amid Surging Blockchain Adoption

2 days ago
cardano ada adausd (1)

Whales Accumulate Millions in ADA as Bearish Momentum Persists, Can Cardano Repeat Its 60% Rally?

3 days ago
cardano ada adausd (1)

Cardano (ADA) Consolidates Near $0.70 as Analysts See $1 Recovery Fueled by Whale Buying

1 week ago
Cardano

Cardano Emerges As Key Player In Next-Gen Global Payments Under ISO 20022 – ADA Era Loading?

1 week ago
Cardano News Charles Hoskinson

Cardano Founder Hoskinson Launches Government And Policy Center

1 week ago

Premium Sponsors

Press Releases

  • Snorter Bot...

    1 day ago
  • ORIGIN Protocol's LGNS Achieves Historic Milestone: Liquidity Tops $194 Million, Reclaiming Title as Global Leader in DeFi

    ORIGIN Protocol’s LGNS Achieves Major Milestone...

    3 days ago
  • bonus kcex

    Bonus KCEX: promozione da $21.000 con un bonus deposito del...

    3 days ago
  • Maxi Doge

    Защо Maxi Doge може да се окаже...

    3 days ago
  • 挖 1 枚比特幣耗電可供 61...

    3 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.