Charles Hoskinson, the founder of Cardano, shot Cardino “ghost chain”.
Cardano’s founder interacts with a report issued by the American Business Fast Compane magazine that less than 500 people are responsible for up to $ 250 million annually in profits and more than $ 3.2 trillion in artificial trading, according to a new study published by Preprint Arxiv University at Cornell University. According to the report, some encryption projects inflated their numbers to generate noise.
Hoskinson This report was a reaction, saying: “Cardano with its true preparations = ghost chain. Chances with fake numbers = VC Darlings, collective dependence, changing the world.”
Although it is called a “ghost chain”, Cardano continues to see significant growth and dependence. Hoskinson confirms that the development of Cardano depends on the real user activity instead of the fake trading volume.
Cardano continues to grow
According to the latest update to the development of the joint Cardano by Entry outputCardano’s ecosystem, where 1989 is currently adopting a project on the network. The number of the delegated portfolios has increased to 1.328 million, which represents an increase of 0.07 % in the savings activity since last week.
The release of local symbols reached 10.72 million, with 210,662 symbolic policies, representing a 0.14 % increase during the previous week.
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The adoption of the smart nodes remains constant, with 129,374 texts of PLUUTUS and 5,691 script software.
The volume of transactions continues to rise, reaching 107.69 million transactions, an increase of 0.16 % over the previous week. The participation of the governance is still strong, as 1217 Dreps, 923 of which are active, contributing to decentralized decisions.
The lace wallet increases its capabilities by going to Multichain, starting with Bitcoin. This enables lace users to store, manage and interact bitcoin directly from their wallet. This step works to improve the Bitco Layer-2 and decentralization (Defi).
This week, Coinbase derivatives were provided to CFTC to create a self -Cardano future, while Amina Bank launched Cardano Staking services.
