Altszn.com
  • Home
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
    • Monero
    • XRP
    • Zcash
  • Web3
  • DeFi
  • NFTs
No Result
View All Result
Altszn.com
  • Home
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
    • Monero
    • XRP
    • Zcash
  • Web3
  • DeFi
  • NFTs
No Result
View All Result
Altszn.com
No Result
View All Result

Charles Hoskinson Slams “Misinformation” About Cardano

Altszn.com by Altszn.com
December 29, 2022
in Blockchain
0
Charles Hoskinson Slams “Misinformation” About Cardano
399
SHARES
2.3k
VIEWS
Share on FacebookShare on Twitter



article image

Alex Dovbnya

The Cardano founder has taken aim at a Reddit user for spreading “misinformation” about the proof-of-stake chain

In a recent tweet, Charles Hoskinson, founder of Cardano, poked fun at the “misinformation” rampant across Reddit threads related to Cardano’s computing layer (CL) and settlement layer (SL).  

Hoskinson has noted that sidechains are effectively the materialization of Cardano’s envisioned CL. 

He asked those pushing this false narrative to “resume eating paint chips now.”

Hoskinson’s anger was likely directed at Reddit user Awhodothey who criticized a recent Cardano report prepared by blockchain firm Messari. 

Awhodothey recently debunked a quote from a the report in a very detailed manner. In the report, it was claimed that “Cardano developed Ouroboros Classic as its first PoS consensus mechanism and split the functions of computation and settlement into separate layers.” Awhodothey responded to this claim by saying that Hoskinson did indeed say they were going to create a separate computational layer, but that never actually happened. 

Awhodothey also pointed out that none of the smart contract developers on Cardano have managed to build a decentralized smart contract with their own off-chain consensus mechanisms yet. 

The user concludes his comment saying “All they have is centralized apps or very simple decentralized txs so far.”

Moreover, the user argued that Cardano is not actually decentralized since Input Output is the only entity that does anything for Cardano.





Read More: u.today

Tags: BlockchainCardanoCharlesHoskinsonmisinformationSlams
ADVERTISEMENT

Recent

Sui vote on $162M Cetus funds ignites decentralization debate in DeFi

Sui vote on $162M Cetus funds ignites decentralization debate in DeFi

May 30, 2025
Xend Finance, Risevest Launch Tokenization Platform in Africa

Xend Finance, Risevest Launch Tokenization Platform in Africa

May 30, 2025
Bitcoin Slips Below $104K, Cryptos Slide as U.S.-China Tariff Tensions Flare Up

Bitcoin Slips Below $104K, Cryptos Slide as U.S.-China Tariff Tensions Flare Up

May 30, 2025

Categories

  • Bitcoin (4,542)
  • Blockchain (10,826)
  • Crypto (8,770)
  • Dark Web (447)
  • DeFi (8,125)
  • Ethereum (4,573)
  • Metaverse (6,847)
  • Monero (251)
  • NFT (1,117)
  • Solana (4,921)
  • Web3 (19,898)
  • Zcash (467)

Category

Select Category

    Advertise

    Advertise your site, company or product to millions of web3, NFT and cryptocurrency enthusiasts. Learn more

    Useful Links

    Advertise
    DMCA
    Contact Us
    Privacy Policy
    Shipping & Returns
    Terms of Use

    Resources

    Exchanges
    Changelly
    Web3 Jobs

    Recent News

    Sui vote on $162M Cetus funds ignites decentralization debate in DeFi

    Sui vote on $162M Cetus funds ignites decentralization debate in DeFi

    May 30, 2025
    Xend Finance, Risevest Launch Tokenization Platform in Africa

    Xend Finance, Risevest Launch Tokenization Platform in Africa

    May 30, 2025

    © 2022 Altszn.com. All Rights Reserved.

    No Result
    View All Result
    • Home
      • Home – Layout 1
      • Home – Layout 2
      • Home – Layout 3

    © Altszn.com. All Rights Reserved.

    • bitcoinBitcoin (BTC) $ 104,778.00
    • ethereumEthereum (ETH) $ 2,539.04
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.19
    • bnbBNB (BNB) $ 659.25
    • solanaSolana (SOL) $ 157.26
    • usd-coinUSDC (USDC) $ 0.999789
    • dogecoinDogecoin (DOGE) $ 0.193856
    • tronTRON (TRX) $ 0.265608
    • cardanoCardano (ADA) $ 0.688956
    • staked-etherLido Staked Ether (STETH) $ 2,534.89
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 104,761.00
    • hyperliquidHyperliquid (HYPE) $ 33.19
    • suiSui (SUI) $ 3.27
    • wrapped-stethWrapped stETH (WSTETH) $ 3,055.49
    • chainlinkChainlink (LINK) $ 14.11
    • avalanche-2Avalanche (AVAX) $ 20.92
    • stellarStellar (XLM) $ 0.265075
    • bitcoin-cashBitcoin Cash (BCH) $ 415.07
    • leo-tokenLEO Token (LEO) $ 8.62
    • the-open-networkToncoin (TON) $ 3.14
    • shiba-inuShiba Inu (SHIB) $ 0.000013
    • usdsUSDS (USDS) $ 0.999728
    • hedera-hashgraphHedera (HBAR) $ 0.167706
    • wethWETH (WETH) $ 2,537.22
    • litecoinLitecoin (LTC) $ 87.63
    • wrapped-eethWrapped eETH (WEETH) $ 2,711.59
    • polkadotPolkadot (DOT) $ 4.09
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999972
    • moneroMonero (XMR) $ 322.22
    • bitget-tokenBitget Token (BGB) $ 4.75
    • ethena-usdeEthena USDe (USDE) $ 1.00
    • pepePepe (PEPE) $ 0.000012
    • pi-networkPi Network (PI) $ 0.665297
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 104,738.00
    • whitebitWhiteBIT Coin (WBT) $ 31.30
    • daiDai (DAI) $ 1.00
    • aaveAave (AAVE) $ 251.43
    • bittensorBittensor (TAO) $ 431.30
    • uniswapUniswap (UNI) $ 6.13
    • crypto-com-chainCronos (CRO) $ 0.106225
    • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
    • okbOKB (OKB) $ 50.45
    • aptosAptos (APT) $ 4.76
    • jito-staked-solJito Staked SOL (JITOSOL) $ 189.58
    • nearNEAR Protocol (NEAR) $ 2.43
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • tokenize-xchangeTokenize Xchange (TKX) $ 33.26
    • ondo-financeOndo (ONDO) $ 0.837199
    • internet-computerInternet Computer (ICP) $ 4.91
    • bitcoinBitcoin (BTC) $ 104,778.00
    • ethereumEthereum (ETH) $ 2,539.04
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.19
    • bnbBNB (BNB) $ 659.25
    • solanaSolana (SOL) $ 157.26
    • usd-coinUSDC (USDC) $ 0.999789
    • dogecoinDogecoin (DOGE) $ 0.193856
    • tronTRON (TRX) $ 0.265608
    • cardanoCardano (ADA) $ 0.688956
    • staked-etherLido Staked Ether (STETH) $ 2,534.89
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 104,761.00
    • hyperliquidHyperliquid (HYPE) $ 33.19
    • suiSui (SUI) $ 3.27
    • wrapped-stethWrapped stETH (WSTETH) $ 3,055.49
    • chainlinkChainlink (LINK) $ 14.11
    • avalanche-2Avalanche (AVAX) $ 20.92
    • stellarStellar (XLM) $ 0.265075
    • bitcoin-cashBitcoin Cash (BCH) $ 415.07
    • leo-tokenLEO Token (LEO) $ 8.62
    • the-open-networkToncoin (TON) $ 3.14
    • shiba-inuShiba Inu (SHIB) $ 0.000013
    • usdsUSDS (USDS) $ 0.999728
    • hedera-hashgraphHedera (HBAR) $ 0.167706
    • wethWETH (WETH) $ 2,537.22
    • litecoinLitecoin (LTC) $ 87.63
    • wrapped-eethWrapped eETH (WEETH) $ 2,711.59
    • polkadotPolkadot (DOT) $ 4.09
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999972
    • moneroMonero (XMR) $ 322.22
    • bitget-tokenBitget Token (BGB) $ 4.75
    • ethena-usdeEthena USDe (USDE) $ 1.00
    • pepePepe (PEPE) $ 0.000012
    • pi-networkPi Network (PI) $ 0.665297
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 104,738.00
    • whitebitWhiteBIT Coin (WBT) $ 31.30
    • daiDai (DAI) $ 1.00
    • aaveAave (AAVE) $ 251.43
    • bittensorBittensor (TAO) $ 431.30
    • uniswapUniswap (UNI) $ 6.13
    • crypto-com-chainCronos (CRO) $ 0.106225
    • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
    • okbOKB (OKB) $ 50.45
    • aptosAptos (APT) $ 4.76
    • jito-staked-solJito Staked SOL (JITOSOL) $ 189.58
    • nearNEAR Protocol (NEAR) $ 2.43
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • tokenize-xchangeTokenize Xchange (TKX) $ 33.26
    • ondo-financeOndo (ONDO) $ 0.837199
    • internet-computerInternet Computer (ICP) $ 4.91