Cardano Founder Unveils Creative Hard Fork Name

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Charles Hoskinson, Cardano founder has teased what he considers to be a “creative name” for the much anticipated hard fork expected to launch this week. In a post on social media platform, X, Hoskinson put forward a name, Tasselled Wobbegong.

Interestingly, the Tasselled Wobbegong is a rare species of shark found in the eastern waters of Indonesia that is flat and sits motionless at the bottom sea floors where it evades detection by potential prey. The master of disguise gobbles up any unsuspecting prey that swims close to it.

Significance of Creative Names in Blockchain

According to the popular proof-of-stake blockchain founder, his decision to pick that creative name was because the Cardano community is coming up with different names for hard forks. Hoskinson therefore believes his fits.

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Notably, hard fork refers to a certain blockchain protocol that is not backward-compatible. To illustrate, Bitcoin in 2017 had a major split in its protocol, resulting in the Bitcoin Cash hard fork. This was a significant event in the broader crypto ecosystem.

Cardano Evolution and the Role of Hard Forks

On the Cardano blockchain, the hard fork combinator tool was employed to merge different protocols after a hard fork event. In 2020, Cardanao launched the proof-of-stake with the “Shelley” hard fork. However, despite the new introduction, the chain retained blocks from the old Byron network.

The hard fork combinator tool was responsible for avoiding radical modification after the hard fork even. Also, in 2021, Cardano executed another hard fork, the Mary, which introduced DeFi functionality. This was followed by the Alonzo hard fork which facilitated the development of smart contracts on the network.

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The Chang Hard Fork

Analysts say these naming systems were not a big deal then but Hoskinson seems to be determined this time around to create awareness as the community anticipates another hard fork. Notably, Cardano is at the verge of introducing another hard fork, Chang, that will bring decentralized on-chain governance on the blockchain.

The Chang hard fork will enable Cardano holders to vote on a variety of issues either through delegate representatives or individually. As per the anticipated Chang hard fork, exchanged and decentralized apps will need to upgrade to Node 9.0 that was released last month by Cardano’s blockchain development team.