Cardano founder Charles Hoskinson says the network's roadmap is complete and that everything he said would be built is finished. He made the remarks while sparring with disgruntled investors, as ADA sits down 94% from its 2021 high.
Charles Hoskinson said the Cardano roadmap is complete during a Saturday YouTube livestream. The founder argued that everything he said would be built has been delivered, and that he no longer carries an obligation to investors.
Hoskinson rejects the promise of a Bitcoin flip
A viewer claimed Hoskinson had promised that Cardano would overtake Bitcoin. Hoskinson denied ever promising that, saying he only said he would love for it to happen and that he does not promise price appreciation.
The viewer pressed on, asking under what conditions a founder's obligation ends. According to Decrypt, Hoskinson answered: "Everything I said is going to be built has been built."
He added that the network is self-governing and can pick its own leaders without his consent.
Five eras ended with the Plomin hard fork
Cardano's roadmap split into five eras: Byron, Shelley, Goguen, Basho and Voltaire. Byron launched the network in September 2017, and Shelley added staking in July 2020.
The final piece came in January 2025, when the Plomin hard fork gave ADA holders voting power over the blockchain's future.
Crypto Briefing reports that Hoskinson also pointed to the expiration of the 2015 contract held by Input Output Global, the engineering company he runs as CEO. Future scaling work, including an initiative called Leios, will continue under new funding models, according to the same report.
ADA sits 86% below its 2024 high
Hoskinson said the investors' real complaint is financial. ADA hit an all-time high of $3.09 in 2021, fell to a low of $0.25 by 2023, then rose 384% to $1.21 by the end of 2024.
Since then, its price has dropped 86% to $0.17.
Hoskinson said someone who buys at $3 ADA expects $5, and someone who buys at $5 expects $7.
Sources: Decrypt, Crypto Briefing
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