$ADA
Hey @VitalikButerin,
UTXO was once framed as too complex
and not natural for stateful apps.
Fair debate.
But architecture has a funny way of aging.
What looked difficult early
can start looking necessary later.
ADA's near a five year low. No point pretending otherwise.
But the chart and the network are two different things.
Cardano is still one of the most decentralized chains running.
It has thousands of independent stake pools, one of the longest uptimes in crypto.
Cardano is the blockchain built right from the ground up.
That's true whether $ADA is at $3 or 20 cents.
Conditions like these are rough on projects, builders and also the community.
We must remember the Cardano mission and keep building, improving and working on brining new people in.
Red candles often result in negativity and pointing fingers. This doesn't solve anything.
Let's build through it.