Charles Hoskinson Prepares for ‘Life-Changing’ Journey While Cardano Thrives Without Him

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On the 12th of April, the renowned Charles Hoskinson, founder of Cardano, delivered a message that was nothing short of dramatic. Apparently, after years of building a blockchain empire, he now believes Cardano has reached such a stage of decentralization that it could continue flourishing without his active participation. His livestream, charmingly titled “See you on the other side,” spoke to the heart of his decade-long journey with Cardano, its new governance milestones, and, of course, his perilous upcoming trip. Yes, a trip that might just prove fatal. How exciting! 😱

Cardano Fully Decentralized, Hoskinson Stepping Away… Sort Of

From his cozy office in Colorado, which he evidently had just returned to after a jaunt in Paris, Hoskinson’s message began with a lovely, candid admission: “This time it’s to go somewhere to do something that is quite dangerous—so much so there is a possibility of death.” How refreshing, to be so blunt about one’s own imminent risk! He reassured his eager viewers that, of course, he expected to return. But then again, one can never be too certain, right? The tone, however, made it abundantly clear: a transition—both personal and professional—is upon us. 🙄

The core of his message? Why, Cardano has now achieved full decentralization! After more than ten years of hard work, the once-centralized Cardano ecosystem has now morphed into a decentralized marvel, largely thanks to the Voltaire governance framework. Notably, a constitution has been passed through a convention and ratified on-chain. Yes, folks, real democracy is at play! A thousand DREs (Delegated Representative Entities) are now on the scene. Apparently, decision-making authority has shifted from Hoskinson and his team to the broad community. One wonders if he’s just relieved to take a break from the whole thing… 🤔

The founder praised this monumental shift as akin to Bitcoin’s own early evolution, quoting Satoshi Nakamoto’s quiet departure from the spotlight. “I didn’t want to be a dictator or a king,” he said with a perfectly humble flourish. And yet, I suppose we should all now wonder what a humble king might look like. 😏

In a delightful twist of fate, he also noted that independent development teams, such as Pragma, TXPipe, Blink Labs, and Harmonic, have been contributing to the ecosystem’s technical growth. It’s all quite exciting, but of course, there’s an underlying implication: Hoskinson no longer holds the reins. He’s merely… a visitor at this point. Maybe with less responsibility but more time for “dangerous adventures.” 😅

But wait, it gets even more entertaining! In the spirit of inclusivity, members of the Ethereum community—yes, Ethereum!—were present at the workshop in Paris, discussing interoperability. One can only imagine the awkward handshakes as they all agreed that Cardano’s future lies in connecting with everyone, not just its own cozy little corner of the blockchain world. How civil. 🤝

And Hoskinson has some bold plans, it seems! The new privacy protocol, Midnight, might just be the thing that brings millions into the Cardano fold. The thought of hybrid applications connecting Cardano, Bitcoin, Ethereum, and Solana seems too dreamy to be true. But let’s hope! As he so eloquently put it, “if I survive—which is very likely—I will record it and put it up on Twitter when I return.” Quite the cliffhanger, if I may say! 📲

Now, I must tell you, dear readers, Hoskinson—despite his riveting blockchain updates—seems positively weary of the crypto world. Yes, after years of being chained to his desk, he’s apparently ready for a mental reset. This new venture? “One of the most challenging things I’ve ever done in my entire life.” How delightful! A man who has built an empire of decentralization now seeks to conquer the ultimate challenge—survival. The suspense is killing me! 😜

And, with that, the crypto world can rest assured that Cardano is a sturdy ship, navigating smoothly on its own course. “Cardano is durable. It’s here to stay,” Hoskinson proclaims, as if to remind everyone that the blockchain ecosystem is bigger than any one person. Perhaps, though, it’s also a gentle acknowledgment that the days of him being the face of Cardano might soon be over. Who needs him when you have thousands of DREs, right? 🫣

At the time of writing, ADA was trading at $0.6452. But, don’t let that detract from the excitement! This is about the future, people. Who needs a price when you have decentralization? 🙃

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2025-04-14 10:43