Charles Hoskinson, the CEO of Input Output Global (IOG), who created Cardano (ADA), the largest proof-of-stake (PoS) blockchain, said all that the software firm wants is to make Cardano as global as the internet and be used by billions of people across the world.
In a blog post, Hoskinson admitted that Cardano’s journey into mainstream adoption could take years or decades, stressing the importance of choosing a systematic and patient approach.
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The mathematician added that Cardano is always open to getting better despite the already attained heights.
Charles Hoskinson noted:
“Projects like Cardano were and still are the antithesis of this mentality. We’ve always chosen a systematic, patient, and refined process that moves publication by publication, release by release instead of chasing hype and the latest cycle.
“Our view is that these protocols will be as ubiquitous as the internet and be used by billions. This scale of adoption will take years to decades, not weeks to months, and won’t be a meme. Ultimately it’s the long game that matters.”
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Hoskinson, who used the blog post to highlight the challenges of running a crypto-based company stated that being a leader in this industry is a complex responsibility. He noted that despite being in the industry for a decade, sometimes it is hectic to keep up with the changing crypto landscape:
“Being the CEO of a technology company in the cryptocurrency space is a brutal affair. There is really nothing like the 24/7 blast of information, scandals, new protocols, concepts ranging from NFTs and the metaverse to a constantly changing landscape.”
