Cardano founder says “Not holding $ADA is a major red flag”

Charles Hoskinson responded to a sticky question on X (Twitter) to indirectly suggest people hold ADA coins amid this crypto bull run.

Cardano is a popular Proof-of-Stake (PoS) scalable blockchain network, which is mainly known for its stability & innovative active development works. Charles Hoskinson, the co-founder of the Ethereum blockchain, founded Cardano in 2017 to use Cardano at the commercial level. 

Recently a Crypto X (formerly Twitter) user asked her followers whether she should inquire on her first date whether he holds ADA coins or not.

Charles Hoskinson took the opportunity to respond to her and said that not holding the $ADA coin is a very big red flag. 

Cardano Foundation & blockchain voting

In a recent interview, Cardano Foundation CEO Frederik Gregaard disclosed that they were approached by some US States to develop blockchain protocol to achieve a high level of transparency in the elections voting system.

Frederik also said that similar kinds of efforts & inclinations toward blockchain technology are seen in the UK. 

As per experts’ opinion, the future of the voting system will be highly dependent on Blockchain technology, as the demand for transparency in digital works surged rapidly over the years. 

Now it will be interesting to see how the crypto entrepreneurs & blockchain developers will show interest in blockchain voting protocols for the government agencies.

ADA price

The current trade price of ADA coin is $0.57 & this trade price is 12% down over the last 7 days period. Last week, the trade price of this cryptocurrency was $0.65+ but crashed significantly because of the usual market sentiments.

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