📢 The ProPicks AI strategy to watch when Tech rally slows down. It did 2X the S&P in July!Unlock AI Insight

Cardano Founder Shuts Down ADA Hater, Says 'It's Getting Delusion Town Now'

Published 2023-08-17, 11:47 a/m
Cardano Founder Shuts Down ADA Hater, Says 'It's Getting Delusion Town Now'

U.Today - Mathematician and billionaire Charles Hoskinson, who helped to found Ethereum and also later created IOG, the builder of , has shut down yet another hater of the Cardano chain in a recent X post.

Hoskinson spoke of Hydra and Mithril updates, stating that they are running smoothly and evolving.

Hoskinson responds to Cardano hater

An X app user issued a "prediction" about Cardano. He said that within the upcoming half a year, Hoskinson would cease to talk about Hydra, stating that this was not a "viable solution for everything, it's only good for a few specific things," and that he would made a bet on input endorsers.

More criticism was poured onto Hoskinson and than that, including Hoskinson's alleged hatred toward Ethereum, while still intending to copy some of its achievements.

The Cardano creator responded to that criticism, summarizing, "It's getting delusion town now." He then reminded the Cardano hater that both Hydra and Mithril are running and evolving well, saying: "Hydra is live on mainnet and evolving fast. Mithril is live as well and the first step towards a rich DA and light client strategy. We already designed a significantly better way of handling transactions via tiered pricing and Babel fees."

Hoskinson also did not miss a chance to take a jab at Ethereum, stating that" "meanwhile Ethereum has a dumpster fire of a consensus layer, has a terrible programming model that they can't change, and are getting eaten alive by their own layer 2 ecosystem."

He finished his response to the anti-Cardano X user by saying, "We are living rent free in the maxi minds. I pity them."

Shiba Inu's Shytoshi Kusama thanks Hoskinson

Hoskinson was one of the keynote speakers during the Blockchain Futurist Conference that took place in Toronto on Aug. 15-16. , he talked about the methods of governing blockchain technology in the future - whether it will be completely off-chain, as with Bitcoin, on-chain, or a mixture of those.

In a recent tweet, the lead developer of Shiba Inu meme coin Shytoshi Kusama thanked Hoskinson for this speech, writing "Thanks for the intro and confirmation @IOHK_Charles ! We don't just talk about it... we be about it."

Kusama too gave a speech at that conference, although he did not speak live but through an AI bot. He talked about getting the world back to decentralization and the ambitious role SHIB has chosen in this process for themselves.

The SHIB team has finally launched the long-awaited Layer 2 solution Shibarium on mainnet. However, it faced certain issues on the very first stage of the launch. However, those were quickly fixed by the team, and Kusama to dispel the FUD about user funds being locked on the Shibarium-Ethereum bridge and, overall, stated that everything is fine with Shibarium now.

This article was originally published on U.Today

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.