Charles Hoskinson, CEO of Input Output Global, compared Cardano’s development trajectory to Anthropic’s rise in the artificial intelligence sector. He noted that Anthropic surpassed Google and OpenAI not by accelerating development, but by adopting a disciplined philosophy from the outset. Recent security incidents, notably the Kelp DAO exploit that drained $292 million through a misconfigured LayerZero bridge, reinforce his argument in favor of prioritizing security and governance. Cardano ranks 20th worldwide with a market capitalization of $6.2 billion, but ADA has lost 80% of its value over the past 365 days, compared to a 48% decline for Ethereum and 44% for Bitcoin. Hoskinson acknowledged past mistakes while expressing confidence in strong growth over the next 12 to 24 months.
Source: Read the original article
