Cardano Founder Dismisses FUD, Fosters Hydra Development 

• Charles Hoskinson dismisses rumors regarding the abandonment of Cardano’s layer 2 scaling solution, Hydra.
• Hoskinson highlights the company’s commitment to establishing the blockchain and bringing enhancements to the project.
• Cardano is pursuing its vision of establishing its services in Africa, Mongolia, and many other regions.

Cardano Founder Charles Hoskinson dismissed rumors regarding the abandonment of Cardano’s layer 2 scaling solution, Hydra. In a recent X post, Hoskinson addressed the critics’ claims against the development of Hydra, dispelling them as mere FUD (Fear, Uncertainty, and Doubt).

The erc20 converter resulted in sigularitynet on cardano which is a billion dollar asset, our Africa work continues through John via the RealFi company, we successful trained developers in Mongolia and concluded pilots with all the entities mentioned.

Sorry try again

— Charles Hoskinson (@IOHK_Charles) March 16, 2024

On March 16, Hoskinson took to X to share clarity on the blockchain’s efforts to bring advancements to the project. He added that the circulating videos on the failure of the project are misleading rumors. He cited, “The team has never been…

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