Cardano founder says contingent staking critics don’t ‘understand a basic concept’

After proposing contingent staking to help the cryptocurrency market align with regulatory requirements, Cardano (ADA) founder Charles Hoskinson has faced a large number of questions and comments criticizing his model coming from the cryptocurrency community.
Expressing his disbelief at these reactions, Hoskinson decided to address the comments, criticism, and downright opposition, and once again try to clarify why contingent staking would be a good idea for the crypto world in a Twitter thread posted on February 16.
As he said:
“I’m still at a loss reading some of the comments on contingent staking. It’s incredible how polarized some people have become to the extent that they can not understand a basic concept and continue to misrepresent it.”
Normal staking and SPOs
Highlighting that contingent staking “does not replace normal staking” or private pools, the Cardano founder went on to state that “a marketplace of [stake pool operators (SPOs)] would still exist and allow

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