Charles Hoskinson, the founder of Cardano, took the stage at Paris Blockchain Week with a message so strong it could have knocked over a few fancy French berets. A packed audience hung on his every word as he demanded the industry toss out its old ways and build something that actually serves the average Joe, not just the tech nerds and crypto millionaires.
The Fourth Generation of Blockchain Innovation
Now, Charles isnāt here to whisper sweet nothings into our ears. No, heās got a vision, and itās boldālike a cowboy riding a blockchain bronco. He says weāre entering the fourth stage of blockchain. The first stage was all about Bitcoin and decentralization, the second about smart contracts, and the third? It was just a game of āhow fast can we break the internet.ā But now, itās time to solve real-world problems. At scale. No more playing around.
In a powerful keynote at @Parisblockweek, @IOHK_Charles laid out a vision that challenged the zero-sum mentality thatās long defined the Web3 space.
He reflected on where weāve been, and where weāre headed.
The fourth generation is on the horizon. Itās built on privacy,ā¦
ā Input Output (@InputOutputHK) April 30, 2025
And while everyoneās busy patting themselves on the back for writing fancy code, Hoskinson made it clear: blockchain isnāt just for a few folks who know the difference between a token and a pizza delivery. It needs to be secure, reliable, and ready for the massesābillions of them. And letās not forget Cardanoās oh-so-serious, research-driven approach to getting there. The recent airdrop tied to the Midnight sidechain? Yeah, it could involve up to 37 million users. No big deal.
But hereās the kicker: Hoskinson believes that some platforms wonāt even make it to the next round of blockchain. Ethereum, for example? According to him, itās heading straight for the scrap heap in the next 15 years. That tech? Too outdated. Not built for the long haul. Yikes.
But hey, not everyoneās on board with that grim forecast. Ethereumās about to launch the Pectra upgrade on May 7, and folks are predicting itāll be the next big thing in blockchain. Letās see whoās right. Place your bets!
Charles Hoskinson on Privacy, Decentralization, and Interoperability
More and more people are using blockchain in everyday lifeāwhether itās healthcare or shopping, the revolution is slowly but surely creeping into your life. Hoskinson, ever the forward thinker, predicts that privacy and identity protection will be the hottest trends in the coming years. Blockchainās going to have to be as secure as your grandmotherās secret recipe book.
He also pointed out something obvious, but somehow still not quite obvious enough: blockchains need to talk to each other. No, seriously. The supply chain, logistics, you name itāif these things donāt start cooperating, weāre all in trouble. The challenges are clear, but theyāre just stepping stones in creating a stronger, more unified future. Or, you know, something that doesnāt explode in our faces.
Merging TradFi and DeFi: The New Focus
And, just when you thought this guy couldnāt get any bolder, Charles goes ahead and suggests that TradFi (traditional finance) and DeFi (decentralized finance) need to stop pretending theyāre enemies and start merging into something heās calling āFi.ā Sounds a bit too simple, right? But it could be the answer to making blockchain more mainstream and, gasp, trustworthy. Imagine that.
And speaking of the future of finance, hereās something for you: Cardanoās been outperforming a bunch of big-name S&P 500 companies. Analysts are even saying ADA could hit $10. Whoa. If that happens, get ready for a lot of people to shift their focusāand hopefully, TradFi and DeFi will learn to play nice in time.
As of now, Cardano (ADA) is sitting at $0.6856, down 3.69% in the last 24 hours. But hey, donāt make any hasty decisions based on that. In the world of crypto, anything can change in the blink of an eye.
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2025-04-30 22:58