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Charles Hoskinson warns of FUD storm ahead of Alonzo launch

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  • Charles Hoskinson addressed over the huge amount of FUD that has been faced by Cardano
  • Just five days before the much-awaited Alonzo upgrade of the Cardano blockchain, assorted FUD has been discerned
  • Hoskinson also pointed out that earlier near the time of the rollout of Shelly Upgrade, the blockchain network had faced some similar scenario

Charles Hoskinson is the founder and CEO of Input and Output Hong Kong (IOHK), the firm behind Cardano. Moreover, he also is the co-founder of the world’s second most popular cryptocurrency, Ethereum. Recently, the Cardano CEO notified the community regarding a vast FUD storm. He addressed the huge amount of FUD that has been faced by Cardano as the preparations for the latest upgrade are in full swing. In a tweet shared this week Hoskinson quoted numerous posts related to the blockchain network FUD on social platforms. Such social platforms include Reddit, Twitter, and more.

Cardano is not confronting FUD for the first time

Just five days before the much-awaited Alonzo upgrade of the Cardano blockchain, assorted FUD has been discerned. Following the scenario, Charles Hoskinson addressed the FUD and cited that this is not the first time that such anxiety has been with Cardano. 

Hoskinson also pointed out that earlier near the time of the rollout of Shelly Upgrade, the blockchain network had faced some similar scenario. Notably, the Shelly upgrade was the one that introduced the Proof-of-Stake (PoS) consensus mechanism to Cardano.

Along with this, Charles Hoskinson shared metrics revealed by PoolTool, 64% of stake pools have been heightened to the 1.29.0 Alonzo node.

Charles Hoskinson seems not surprised with a FUD storm

Following the tremendous FUD being generated in the social world with Cardano, Charles Hoskinson doesn’t seem to be surprised with that. Notably, following the gestures of the IOHK CEO, it seems he was expecting such a scenario to be generated. 

In a statement to the aforementioned outline, Hoskinson attributed that the upcoming Alonzo upgrade, along with other minor upgrades to the blockchain network, contributes to the betterment of the ecosystem. Moreover, he added that the upgrade belongs to the species of things that people do not infer or grope threatened by.

Anthony Sassano is enormously striking Cardano

Anthony Sassano is the Co-Founder of Ethhub.io. Moreover, he is also one of the very active members of the Ethereum community. In recent times he has been found gigantically bombing the blockchain ecosystem. He is also targetting Cardano’s recently launched testnet with its smart contracts feature over the social world.

Anthony acquitted an assertion on Sunday quoting that the Cardano blockchain is cracked. Moreover, he shared screenshots that were conveyed on Reddit. Notably, the images reflect the latest Minswap exchange app has tripped over several big issues, and it has been worthless for users.

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