News

Interview: Charles Hoskinson Reveals Major Cardano Updates

Hoskinson emphasized that Project Catalyst will continue to support and nurture the next wave of innovative projects and ideas
Published by
Interview: Charles Hoskinson Reveals Major Cardano Updates

Charles Hoskinson, the visionary founder of Cardano has offered a detailed update on the status of Cardano’s ecosystem and the impending modifications to its governance structure. In a Friday session, Hoskinson delved into various aspects of Cardano’s progress, with a particular focus on Project Catalyst.

Advertisement

Project Catalyst- Treasury of Cardano

Project Catalyst, often referred to as the “treasury of Cardano,” is a groundbreaking initiative that empowers the Cardano community to propose, vote on, and fund various projects using ADA tokens. Notably, mid-last month, IOG, the organization behind the Cardano protocol, wrapped up Project Catalyst’s Fund 10 campaign aimed at assisting emerging startups in the ecosystem.

Hoskinson emphasized the significance of Project Catalyst within Cardano’s ecosystem noting that it serves as an innovation engine, allowing the community to propose and prioritize initiatives that drive Cardano’s development and expansion. With the decentralization of funding, Cardano is well-positioned to support a wide range of projects, from infrastructure development to educational initiatives and beyond.

“Catalyst will still be around but then it could take its place as an innovation agency and help bootstrap the next thousand daps the next thousand good ideas,” said Hoskinson.

Advertisement

Cardano’s Ecosystem Progress

That said, beyond Project Catalyst, Hoskinson provided insights into the broader technical developments underway in the Cardano ecosystem. He highlighted advancements in Cardano’s smart contract capabilities and programming languages. The ecosystem continues to improve core technologies such as extended UTXO, Mithril, and Plutus positioning Cardano as a hub for decentralized application development.

Hoskinson also discussed the challenges and learnings from previous experiments, such as Plutus Application Backend (PAB) and Yella. These experiences underscore the importance of maintaining a stable and adaptable layer-one protocol, reinforcing Cardano’s commitment to continuous improvement and innovation.

In closing, Hoskinson celebrated Cardano’s remarkable progress and the collaborative spirit of its community, urging people to ignore FUD perpetuated against Cardano.

We have to push forward and keep going. We can’t allow us to perseverate on things in the periphery that don’t really matter and don’t have a bearing or impact on where things are,” he added.

Advertisement

Share
Newton Mbogo

Newton Mbogo is a crypto and DeFi specialist. He has a B.A Hons in Law from Kabarak University, where he studied complex economic, legal, and ethical theory relevant to the FinTech landscape. Newton has a particular interest in decentralization and privacy blockchains, as they directly relate to our human rights and flourishing.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • News

Senators Reaffirm Commitment to Market Structure Bill After Meeting with Coinbase, Ripple

Senate Democrats and Republican lawmakers have ended separate roundtable meetings focused on the Crypto Market…

October 23, 2025
  • News

How the Crypto Market Could React to the Next Fed Meeting on October 29?

The crypto market has, for a while now, been pricing a potential 25 basis points…

October 23, 2025
  • News

$1.68 Trillion T. Rowe Price Files for First Active Crypto ETF Holding BTC, ETH, SOL, and XRP

Rowe Price has filed for its first actively managed crypto exchange-traded fund (ETF). It is…

October 22, 2025
  • News

Standard Chartered Predicts Bitcoin Could Drop Below $100K Amid U.S.–China Trade Tensions

Standard Chartered analyst Geoff Kendrick has predicted that the Bitcoin price could suffer a significant…

October 22, 2025
  • News

Rising Demand for Verifiable Crypto Ownership Drives Launch of Trezor Safe 7

Crypto ownership is a topic that has been discussed across major forums globally in the…

October 22, 2025
  • News

Robinhood Lists Binance Coin as BNB Outperforms BTC, ETH, SOL YTD By Over 30%

Crypto exchange Robinhood has listed the Binance coin for spot trading for its U.S. customers.…

October 22, 2025