
- Cardano founder Charles Hoskinson confirmed that the van Rossem hard fork is scheduled for next month.
- He also talked about the current state of the market, recent integrations such as LayerZero and USDCx, and how Cardano is stacking up against other networks.
In his latest update from “warm sunny Colorado,” Cardano founder Charles Hoskinson discussed the current state of the crypto market and its ongoing struggle against the powers that be, while also confirming that the network’s scheduled hard fork is set for next month.
On the hard fork, Hoskinson only mentioned it in passing, stating:
“Cardano hard fork is happening I believe next month. But you know the community is kind of working its way through that and getting these things done.”
The only major upgrade on the cards for Cardano is Protocol Version 11, which the community voted to name the van Rossem Hard Fork after Max van Rossem, one of the most renowned members of Cardano who died last October.
van Rossem is an intra-era hard fork, meaning that while it will change the protocol rules, it will not introduce a new ledger like Shelley or Alonzo. Since it will be activated through the Hard Fork Combinator, it will not split the chain. Among the changes van Rossem brings will be improvements to Plutus, Cardano’s smart contract platform, clean up ledger rules, and update node performance.
Breakout Year Ahead for Cardano, Says Hoskinson
While the hard fork was mentioned in passing, Hoskinson dedicated a sizable portion of the video to recapping Cardano’s big moves in recent months and how they will shape a transformational year ahead for the network.
Here’s my speech today https://t.co/PxDvzLdOJt
— Charles Hoskinson (@IOHK_Charles) February 19, 2026
The biggest development has been with the Midnight Network. As CNF reported, in his speech at the Consensus conference in Hong Kong, Hoskinson revealed that the Midnight mainnet would be going live before the end of March. At the event, he also revealed that Cardano was integrating LayerZero, one of the most popular interoperability networks. This allows it to connect to over 100 blockchains and tap into $80 billion in omnichain assets.
He also mentioned the integration of Pyth oracles and USDCx stablecoin as major milestones for the network.
Beyond Cardano, Hoskinson talked about the ongoing attempts by some factions to crack down on decentralization in crypto. They plan to ban non-custodial wallets so that all crypto volume runs on permissioned federated systems owned by the giant financial systems.
He noted:
“Unfortunately, they are making meaningful and sustained progress. If you look at the latest drafts of the CLARITY Act and the launch of all these federated networks which are VC darlings…there is no real intention to ever decentralize these.”
Hoskinson has been criticizing the CLARITY Act for some time now. Last month, he called out Ripple CEO Brad Gardlinghouse for supporting the bill, describing it as siding with the same enemy that almost ran Ripple out of business, as we reported.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
CoreWeave CEO: Early Ethereum Mining GPU Experience Helped Company Transform to AI Infrastructure Sector
CoreWeave founder Michael Intrator stated that the company leveraged GPU application capabilities accumulated through Ethereum mining to successfully transition into an AI computing power provider, achieving a valuation of $43.6 billion. Despite facing scrutiny over debt expansion, Intrator emphasized that innovative financing structures ensure effective cash flow management.
GateNews1m ago
Bitpanda Launches Vision Chain to Enable EU Financial Institutions to Issue Tokenized Assets
Bitpanda launches Vision Chain, a new blockchain network designed to introduce tokenized assets into the EU financial system, supporting asset issuance and settlement compliant with MiCA and MiFID II regulations. This initiative will streamline financial transaction processes, enable financial institutions to conduct 24/7 trading, and drive digital transformation in the market.
GateNews13m ago
Balancer Labs Closes for-Profit Entity, DAO and Team Face Challenges in Next 12 Months
Balancer Labs, the parent company of decentralized exchange Balancer, has announced its closure due to substantial losses from a hacker attack last year. Nevertheless, the Balancer protocol will continue to be operated by Balancer DAO and the foundation, generating revenue. The core team will be integrated into a new entity, BAL token issuance will cease, and all fees will be used to repurchase existing tokens, providing investors with a fair exit opportunity. The DeFi sector is currently undergoing restructuring, and the next 12 months will be a critical test for industry recovery.
GateNews16m ago
Hyperliquid Launches PURR Stock Options Trading
Hyperliquid Strategies Inc has launched options trading for PURR on Nasdaq to enhance liquidity and price discovery. CEO David Schamis highlights improved risk management for investors. The company reported significant growth, but incurred a net loss due to HYPE price volatility.
TapChiBitcoin38m ago
Metaplanet Announces Launch of Bitcoin Cashback Credit Card
BlockBeats News: On March 25, Japanese Bitcoin crypto treasury (DAT) company Metaplanet announced the launch of a shareholder-exclusive credit card "Metaplanet Card," which will begin service this summer. Cardholding shareholders will automatically receive 1.6% of their daily spending amount as equivalent Bitcoin cashback, converting every card payment directly into Bitcoin investment.
BlockBeatNews42m ago
Hyperliquid Burns $1B In Tokens As Ripple Prime Opens Capital Access
_Hyperliquid burns $1B in tokens and integrates Ripple Prime, while reporting $1.4M daily fees and expanding trading markets._
Hyperliquid has announced a major supply reduction alongside a new institutional access route.
The network confirmed a governance-approved burn of about $1 billion in
LiveBTCNews45m ago