Hoskinson slams proposal to burn 1.5 billion Cardano’s ADA tokens

Charles Hoskinson, the founder of Cardano, has voiced opposition to burning the blockchain network’s over 1.5 billion ADA treasury tokens, which are worth around $500 million. On Sept. 5, Hoskinson, in a social media post on X, pointed out that the treasury assets weren’t just preprinted tokens but were generated through block production and transactions. Burning […] source: https://cryptoslate.com/hoskinson-slams-proposal-to-burn-1-5-billion-cardanos-ada-tokens/