Cardano founder claims the roadmap is complete, responding to investor concerns about price manipulation

Cardano founder Charles Hoskinson stated during a YouTube live Q&A that the roadmap for Cardano has been completed, and all the features he previously promised to build have been realized. This statement came in response to a confrontation with a dissatisfied investor, shevilkid1738, who claimed that he had promised Cardano would surpass Bitcoin. Hoskinson responded that he never made such a promise, only expressing a hope to see that outcome, and believes Cardano is a better store of value than Bitcoin for multiple reasons, but he does not guarantee a price increase.

Hoskinson introduced that the roadmap is divided into five phases: Byron, Shelley, Goguen, Basho, and Voltaire. The mainnet launched in September 2017 with Byron, Shelley introduced staking in July 2020, the Alonzo hard fork brought smart contracts in September 2021, the Vasil upgrade entered the scaling phase Basho in September 2022, and the Chang hard fork will open the governance phase Voltaire in September 2024; the Plomin hard fork in January 2025 will grant ADA holders actual voting rights, completing fully decentralized governance.

He stated that the network is now self-governing, and he no longer has power over it, believing that the core demand of investors is actually the price, bluntly saying, "You want me to pump the price." Market data shows that ADA reached an all-time high of $3.09 in 2021, currently around $0.17, down approximately 94% from its all-time high and down 86% from the January 2024 high of $1.21.