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Cardano Founder Charles Hoskinson Counters FUD with Facts, Highlights Real Adoption and Decentralization

June 28 (Cointime) - Cardano founder Charles Hoskinson is pushing back against critics spreading fear, uncertainty and doubt (FUD) about the blockchain. Responding to claims that Cardano DeFi has no total value locked (TVL) and institutions are not interested in the protocol, Hoskinson urged the community to look for positive signals and emphasized that Cardano is gaining real adoption and growing in a completely decentralized way.

He also compared Cardano's developmental efforts to those of Bitcoin and shared a snapshot of Cardano's TVL, which showed it leading other chains in growth. Cardano's goal is to dominate the decentralized finance (DeFi) and non-fungible token (NFT) ecosystems by driving a highly decentralized network of developers to build usable products for the real world.

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