The founder of ADA said: “I’m fucking tired of being blamed every single day—it’s not my fault.” This is a public blockchain whose FDV once reached $139 billion and has now plummeted to just $7.2 billion. Charles Hoskinson @iohk_charles helplessly shifted blame during a live stream. Today, TapTools—the leading dashboard serving over a million Cardano users and integrating hundreds of projects—announced it will shut down within two weeks. Charles hosted a 26-minute livestream, unleashing years of pent-up frustration. His core message was simple: no matter how poorly Cardano:native performs, it has nothing to do with him—he has no control over anything. He listed everything he “does not” have: no governance keys, no access to treasury funds, no ownership of the Cardano trademark, and no claim to the billions in growth funds allocated years ago to other entities. He emphasized that he owns nothing, yet every time ADA drops, his tweets are flooded with comments blaming him. He then laid out every rescue proposal he’s ever suggested—all of which were rejected by community votes: - A sovereign wealth fund to convert part of ADA into stablecoins as emergency funding for the ecosystem—voted down. - Pentad’s commercial integration of stablecoins—stalled. - An index fund to support ecosystem projects—Draper took the money and ran. - He personally bought NAMI and Blockfrost to commercialize them—accused of centralization and monopolization. So he unveiled his nuclear option: relaunch Cardano from scratch, rendering all existing ADA tokens invalid—users would have to burn their old tokens to receive new ones on the new chain. Those who daily berate him on his tweets won’t agree to burn their tokens, so they’ll be left stranded on the old chain, doomed to wither away—he described it as a ghost town no one wants. But he declared he can no longer clean up Cardano’s mess. For ten years, he’s said everything worth saying, proposed every viable solution, and even spent his own money—only to be beaten like a punching bag every single day. This is where the founder of Cardano @Cardano stands now: watching ecosystem after ecosystem collapse, powerless to stop it.

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