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08/28/2022

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Cardano founder says his prediction of the catastrophic bug now paired with Ghostchain

Charles Hoskinson Addresses Return of Cardano “Ghost Chain” FUD. Read This Full Report

Cardano founder says his prediction of the catastrophic bug now paired with Ghostchain

Last updated Aug 28, 2022

Charles Hoskinson shared his disappointment regarding the spreading FUDs about the Cardano blockchain by a Tik-Toker.

Cardano is the biggest Proof-of-stake (Pos) consensus-based blockchain network, which is known to provide efficient crypto transactions. The project team of Cardano believes to provide better scalability & features with the Cardano Blockchain technology instead of following the sponsorship & popularity methods. 

On 27 August, Charles Hoskinson, founder of Cardano blockchain & CEO of Cardano developer team IOHK, shared a Tik-Tok video on Twitter.

In the TikTok video, a Tik-Toker is talking about the Cardano Blockchain and saying that Cardano has nothing to show except market cap value and also Cardano team is building nothing, while Solana blockchain is much better than Cardano blockchain because Solana is a highly functional network.

All these statements by TikToker were baseless and Hoskinson said that FUDs about the Cardano again started, as he predicted earlier before the Vasil Hardfork testnet event. 

“The consequences of headlines: Shallow information gets propagated by influencers to massive networks of people. Truth gets lost in the land of misinformation. As predicted, the catastrophic bug is now paired with a ghost chain. It will stick for months,” Hoskinson said.

Tik-Toker responded to the Cardano founder and suggested watching his full video content, instead of watching 30 seconds clips. 

In response, Hoskinson refused to watch the rest of the part because it was enough for him to know what he said about the Cardano project. 

Well it was just a basket of lies for 30 seconds, is this like the shamwow guy where if I listen longer I get a buy one get one free?

— Charles Hoskinson (@IOHK_Charles) August 27, 2022

Read also: CoinSwitch founder says engagement of Indian ED was not about money laundering

Bitcoin trader & investor since 2013. Love to share valuable information among people who don't believe in Blockchain technology and based cryptocurrency

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