Home
News
- Recently, Cardano’s founder Charles Hoskinson broke his silence on the topic in a tweet posted on July 7.
- The whole Cardano community is highly bullish on the Vasil hard fork
- Hoskinson claims that the rumours are all false
The Truth Behind The Claims
Many claims were wandering on the internet that the planned rollout of the Vasil hard fork will impact Cardano’s network significantly. One of the biggest impacts is smart’s contract functionality. Recently, Cardano’s founder Charles Hoskinson broke his silence on the topic in a tweet posted on July 7.
Hoskinson claims that the rumours are all false. He also stated that there were steps necessary for Cardano to make smart contracts compatible with all the upgrades. These steps remove the need for re-writing; contrary to the rumours, the update is good.
He also claimed that the people putting these allegations are trolls, who are, according to him, ‘stupid’. According to Cardano’s founder, the rumour-spreaders are spreading FUD, a human complex of fear, uncertainty, and doubt. Smart contracts will always remain functional, according to Hoskinson.
Future of Cardano
Hoskinson’s tweet was a reply to a username- THORchain.BULL.
This account posted on Twitter that Cardano’s smart contracts and Vasil hard fork are incompatible.
The whole Cardano community is highly bullish on the Vasil hard fork. This is because the functionality of smart contracts will be highly optimized because of Vasil hard fork. According to the Cardano executives, this hard fork will be launched around late 2022. Some of the ways this update is going to affect the blockchain are:
- Efficacy
- Scalability
- Efficiency
Many people believe that the launch of the hard fork will be the biggest upgrade in the history of Cardano. These include Finbold and Hoskinson. So, there is nothing else for us to do than to wait for the launch of the hard fork and see how that turns out.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
