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08/31/2022

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Charles Hoskinson Discusses Return Of Cardano “Ghost Chain” FUD

The falsity is now being generated among a number of people- Hoskinson The co-founder posted a video of an influencer who was spreading such information.Charles Hoskinson posted on Twitter announcing that his followers that the result of headlines about the...

Charles Hoskinson Discusses Return Of Cardano “Ghost Chain” FUD

  • The falsity is now being generated among a number of people- Hoskinson 
  • The co-founder posted a video of an influencer who was spreading such information.

Charles Hoskinson posted on Twitter announcing that his followers that the result of headlines about the Cardano testnet are “catastrophically broken” has now come to the next level.

The IOG co-founder said that this falsity is now being generated by an enormous mass of people through social media influencers. Especially, he posted a tweet that displays a TikTok video with a man who has more than 600,000 followers. 

In that video, he is talking on the topic of Cardano, explaining that people are now gradually losing their trust in the blockchain, the TikToker also states that for a project that has a market capitalization as much as it has, Cardano does not have that amount to show for it.

The influencer especially mentioned that the vision of the company team is appreciable, but they are not making anything. Lastly, the man said that Solana is very much an operational blockchain and more operational than Cardano and has always gotten near to being. 

The co-founder bitterly tweeted that these types of influencers are now laying out empty details to a number of people and what was freshly called a “catastrophic bug” for Cardano is now partnered with a ghost chain.

It clearly means that the allegations that streamed into Cardano before some time in this year, mentioning that there is nothing being advanced on the Cardano.

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, catastrophic bug is now paired with ghostchain. It will stick for months https://t.co/4qkIsTUCTq

— Charles Hoskinson (@IOHK_Charles) August 27, 2022

Hoskinskon also said that the lie is portrayed in these 30 seconds. It was posted to have an influence on farming. He also pointed out that few critics of Cardano’s accomplishment made by this year.

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

The catastrophic bug

Before ten days, a well-known Cardano developer, Adam Dean, posted on Twitter about the latest discovered bug, as a result of the Vasil node 1.35.2 “catastrophically broken.” this tweet glittered a warmed up debate in the community and some of them started alleging Cardano, having this type of bugs before a testnet intro is not acceptable for a chain as famous as Cardano.

A week ago, that very developer tweeted that the Cardano chain was more well-built and powerful than it ever could be. At the same time, Cardano pool operator, Andrew Westberg publicized that in the past spotted bugs were strongly fixed.

Saurav Bhattacharjee

Saurav Bhattacharjee is in charge of the Broadcast development team of The Coin Republic.
He has been covering the Metaverse and NFT niche for the past 2 years.
With stellar interviews on his portfolio like Nicehash, Paxful, WallstreetWolvesNFT, Bitholla, Totemfi, EOS.io etc. Saurav has spearheaded the NFT SUPERSTARS AWARD and successfully hosted the first award in 2021.

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