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Cardano Founder Says Chainlink Quoted Them An ‘Absurd Price’, Here’s Why
Cardano's founder, Charles Hoskinson, explained why the blockchain was not included in a US government initiative to publish economic data on public blockchains. Unlike Ethereum, Solana, Avalanche, and Optimism, Cardano was excluded. Hoskinson stated the reason was not technical or regulatory, but economic. The prohibitive integration fee quoted by Chainlink made Cardano's participation financially unfeasible. Hoskinson described the fee as "absurd" and indicated that Cardano would attempt to find an alternative solution. He acknowledged Chainlink's importance for smart contracts connecting to real-world data, despite his criticism. This lack of cost-effective oracle integration has hindered Cardano's decentralized finance growth. Ethereum, for example, has seen significant DeFi inflows due to its Chainlink integration. Cardano's Total Value Locked has remained significantly lower compared to other ecosystems. Despite these challenges, Hoskinson remains optimistic about ongoing discussions with Chainlink. He also mentioned potential collaborations with USD1 stablecoin and Aave to strengthen Cardano's DeFi capabilities.
