Charles Hoskinson has defended Cardano and half a dozen other blockchain networks, including Tezos, Stellar, and XRPL, after a scathing article by Forbes on ‘crypto zombies.’
Forbes tore into over 20 crypto networks with a market cap worth over a billion dollars but few developers, users and applications and lack substantial use in the real world.
A Forbes article that tore into two dozen blockchain projects and described them as crypto zombies has caused uproar in the sector, with several industry leaders blasting the outlet and defending their projects against the allegations.
Forbes investigated the top 50 blockchain networks and ranked them according to the number of monthly active developers, fees generated over the past year,  total value locked, and the market cap-to-fees ratio. It concluded that over 20 crypto projects with a market cap of over $1 billion are held up purely by speculation and don’t offer much.
The attack roped in some popular projects, led by XRP and Car

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