Thousands of DApps will be running in a year! ADA founder's exaggerated prediction from last year resurfaces, community reminds: Only three weeks left
Cardano founder Charles Hoskinson predicted on Twitter last July that Cardano would see widespread adoption a year later. However, these predictions have yet to materialize, and members of the crypto community have been reminding Hoskinson recently, saying, "Only three weeks left."
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Hoskinson's Predictions from Last Year
Cardano ADA founder Hoskinson pointed out on Twitter on July 27th last year:
By this time next year, I predict there will be hundreds of assets, thousands of DApps running on the Cardano blockchain, including many interesting projects and unique solutions. Watching Cardano grow and expand in 2021 will be very interesting, and the community is definitely ready for this new wave of innovation.
Ethereum Enthusiasts Respond
The observant crypto community recently discovered this prediction from a year ago, and since Hoskinson has occasionally criticized Ethereum publicly and Cardano still lacks DApps to this day, the community naturally seized the opportunity to mock Hoskinson.
Twitter user Undervalued Cryptos pointed out:
Okay, Hoskinson predicted these a year ago, here's an update: no assets on ADA, no DApps, only one or two projects claiming to develop on Cardano. What happened to your predictions? What are your predictions for a year from now?
Larry: R.I.P.
Not surprisingly, Larry Cermak, research director at "The Block," also chimed in when Hoskinson made the prediction last year, criticizing:
A weak attempt at hyping, I'm willing to bet that none of these predictions will come true on any given day. If there are some DApps, most of them will be meaningless on-chain activities, and Cardano still won't generate any transaction fees.
This year, Larry simply responded with a video of a black man carrying a coffin, declaring that Cardano is dead.
— Larry Cermak 🫡 (@lawmaster) July 4, 2021
Founder's Response
In response to these criticisms, Hoskinson stated that there are already over a thousand assets on Cardano, with numerous developers learning, training, and writing code, and many applications already launched.
Supporters also emphasized that Cardano is not a ghost chain and listed the milestones achieved so far:
- Reddit with over 500,000 members
- Developer community r/CardanoDevelopers
- Online learning community StackExchange page
- Over 3,000 developers for the Plutus / Haskell programming languages
- Higher code contributions compared to all other blockchains
Hoskinson also retweeted this information.
In March of this year, Cardano implemented the Mary hard fork, allowing the chain to support other token assets, and according to Cardano's token list platform, there are indeed over 6,950 assets on the chain, but only Spacecoins and ADAX have over 10,000 transactions per month.
Previously, Hoskinson stated that the first smart contract Plutus is live on the testnet and is expected to officially release smart contracts through the Alonzo hard fork within 90 days. Barring any unforeseen circumstances, smart contract functionality is expected to be achieved in September.