Cardano Inventor Mocked With These 3 Altcoins!

Cardano founder Charles Hoskinson made a sarcastic reference to the Solana network outage last night. Here are the details...
 Cardano Inventor Mocked With These 3 Altcoins!
READING NOW Cardano Inventor Mocked With These 3 Altcoins!

Charles Hoskinson made a sarcastic reference to the Solana network outage last night. Cardano founder explains why he finds Terra and other Blockchains insecure.

Cardano founder compares Solana to older Nintendo consoles

Yesterday Solana suffered a massive network outage that stopped validators from producing blocks for a few hours. According to data provided by Solana, the network has been unable to generate new blocks for more than five hours. Following the network outage, Cardano CEO Charles Hoskinson made sarcastic comments about the popular Blockchain. Quoting a Watcher Guru tweet, Hoskinson said “this might help” while adding a link to a YouTube video explaining how old game consoles would work.

https://twitter.com/IOHK_Charles/status/1532087956457938946

The video released in 2017 is for Nintendo fans. teaches how to revive old Nintendo Entertainment System (NES) games to make them work again. It is worth noting that

Hoskinson was sarcastic about Solana’s unfortunate incident and urged network developers to watch the video to get the necessary skill set to get the Blockchain working again.

Charles Hoskinson said Cardano is not secure

Reacting to users’ comments, Hoskinson noted that nothing is completely secure, including Cardano, and he expects all Blockchain networks to encounter problems. He added that he chose to criticize both Terra (LUNA-UST) and Solana because the venture capitalists behind these networks brutally mocked Cardano for trying to get things right.

https://twitter.com/realcryptoro1/status/1532088760229314560

Charles Hoskinson says

My problem and the reason I tweet is because we are constantly ridiculed by Solana and Luna supporters and the community for trying to do things the right way through peer review and official methods to avoid these issues.

The latest development comes less than two weeks after Hoskinson mocked Kwon for his disparaging comments about Cardano’s ADA following the decline of the Terra ecosystem tokens.

Cardano community supporting the project

Although Cardano has not yet attracted some big VCs to fund the project, it has found funding from the community and supported developers on the network. Cardano’s treasury rose to nearly $500 million a few days ago due to ADA’s growth and community members’ resistance to funding developers.

Cardano (ADA), meanwhile, has been running for over five years without any technical issues or downtime, and the development team is still making and releasing significant upgrades to help the network stay relevant to the industry.

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