Cardano’s creator is urging his followers not to surrender in the aftermath of a major setback in the United States. Senate.
Senators Rob Portman (R-OH), Cynthia Lummis (R-WY), Patrick Toomey (R-PA), Ron Wyden (D-OR), and Kyrsten Sinema (D-AZ) reached a compromise with yet another rewrite following their dueling amendments to the bill’s damaging crypto provision.
However, the last-minute effort proved fruitless, as Senators Richard Shelby (R-AL) and Bernie Sanders (D-VT) both objected to the amendment over a disagreement over military spending. Cardano’s creator recently tweeted about organizing a rally in Washington, D.C. Without equivocation, Hoskinson referred to the lawmakers as “living fossils”:
“These senators, these 87-year-old living fossils, demonstrated to the entire world that they were willing to sell the future of our country’s economy out for pork.”
Hoskinson
The billionaire states that he has no desire to live in a “dying empire,” but he is also not interested in relocating to another country.
What is Cardano?
Cardano is a decentralized blockchain platform centered on the myth of Ouroboros. Ouroboros is a ground-breaking proof-of-stake protocol that immediately set Cardano apart from previously invented cryptocurrencies that relied on proof-of-work protocols. This distinction is critical to understanding Cardano’s value proposition.
Additionally, for the sake of clarity, Cardano is the name of the blockchain platform, whereas ADA is the name of the platform’s native cryptocurrency token. Cardano’s ADA token, meanwhile, is named after mathematician Ada Lovelace.
Also Read: SEC Hits Poloniex With A Fine Of $10 Million
Wallets