Sunday, April 11, 2021

Former US Congressional Candidate States Why Cardano (ADA) Is One of Projects He Wants To Support

David Gokhshtein, a former United States congressional candidate, has taken Twitter to share the reason why Cardano (ADA), a third-generation blockchain project, is one of the projects he wants to support.

Gokhshtein shared his thought about the launching process Cardano (ADA) underwent with his over 200,000 Twitter followers a couple of hours ago.

In the tweet, he sent an appreciation to the CEO of IOHK, Charles Hoskinson, for taking his time to diligently work on the project before launching it into the market.

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Gokhshtein tweeted, “I appreciate that Charles Hoskinson didn’t just rush @Cardano out to the market when it wasn’t ready. These are the type of projects I want to support.”

David Gokhshtein is clearly an XRP enthusiast. He has used most of his time on Twitter to support the embattled Ripple and the digital token it distributes, XRP.

There’s little or no time Gokhshtein had spent in praising the effort put in place to achieve the full decentralization of Cardano (ADA) as much as this. This made some people envisage that the acknowledgment revolves around the challenge Ripple is currently facing with the status of the digital token XRP.

It can be recalled that the United States Securities and Exchange Commission filed a lawsuit against Ripple on 22nd December 2020, for selling XRP, an unregistered security, for seven years.

So, the accolade doled out to those behind the Cardano blockchain project speaks volumes of the level of decentralization of the project, as many usually term XRP as a centralized digital token, considering the amount of the cryptocurrency in Ripple’s custody.

Read Also: United Nations (UN) Adopts Cardano’s Project Catalyst in a New Partnership with IOHK

In response to the tweet, Charles Hoskinson stated that the project became successful through the collective support of the Cardano community members. He wrote, “And ada is made great by all of you in the community.”

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Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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