Cardano CEO slams ‘Twitter trolls’ for slandering network’s smart contracts

Bitcoinethereumnews 1 month ago Report
Telegram LinkedIn

Cardano (ADA) founder Charles Hoskinson has responded to claims that the planned rollout of the Vasil hard fork will impact the network’s smart contract functionality.

In a tweet on July 7, Hoskinson stated that the network had taken the necessary steps to ensure the smart contracts are compatible with the upgrades eliminating the need for re-writing. 

He noted that the allegations are from ‘trolls’ whom he termed ‘stupid’ and accused of spreading ‘FUD’ while maintaining that the smart contract will remain functional. Hoskinson was responding to a Twitter user identified by the username of Tim Harrison, who claimed that most Cardano smart contracts are not compatible with the Vasil hard fork. 

The entire reason we built the HFC and Plutus versioning is to ensure this doesn’t happen. It’s incredible to see the FUD and stupidity from Twitter trolls, but that’s life. After the HFC event, all contracts will still function.

— Charles Hoskinson (@IOHK_Charles) July 6, 2022

Anticipation ahead of Vasil hard fork

Notably, the Vasil hard fork is highly anticipated within the Cardano community and aims to improve smart contracts’ functionality. The hard fork, expected to be rolled out in the second half of 2022, will ensure the network accelerates the efficacy, scalability, and efficiency of the entire blockchain.

The team is currently engaging with the developers to conduct last-minute testing before the official implementation. As reported by Finbold, Hoskinson stated that the rollout of the hard fork is Cardano’s biggest upgrade, and the stakes are high, especially with the recent Terra (LUNA) ecosystem crash. 

Hoskinson’s battle with critics 

In recent days, Hoskinson has been using his platform to bring clarity to some cryptocurrency projects and protocols. For instance, Hoskinson blasted Bitcoin developer Jimmy Song for his stand on Proof-of-Stake (PoS) networks through his Twitter account.

In a previous tweet, Song had claimed that the PoS mechanism does not address the Byzantine General’s Problem. According to Hoskinson, the stand by Song was ‘stupidity’. 

Interestingly, Hoskinson responded to Song after his colleague, and Ethereum co-founder Vitalik Buterin blasted the Bitcoin developer’s attack terming it as ‘dumb’. Notably, Ethereum is in the process of migrating from the Proof-of-Work mechanism to PoS.

Featured image via Charles Hoskinson YouTube.


Post navigation

Original Source:

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.

Join Our Weekly Newsletter of Cardano

Your weekly dose of Cardano news straight to your inbox!
GADA Finance is launching its Initial Stake Pool Offering (ISPO) Starting on June 29, 2022
Being the first permissionless and community-governed launchpad on Cardano, we intend to raise funds through a public ISPO which will enhance the Cardano ecosystem. CLICK HERE!
READ THE ORIGINAL ARTICLE ON >> Bitcoinethereumnews