- Hoskinson mocked a misinformation thread on Reddit about Cardano.
- A Reddit consumer discredited a number of quotes from Messari’s report about Cardano.
- Cardano founder mentioned sidechains successfully materialize Cardano’s envisioned CL.
Charles Hoskinson, the founding father of the Cardano blockchain, just lately expressed shock at a pervasive misinformation thread within the Reddit crypto group discussion board referred to as Easy Mind Part about Cardano’s computing layer (CL) and settlement layer (SL).
Hoskinson has famous that sidechains successfully materialize Cardano’s envisioned CL. Upon clarifying the topic on Twitter, he sarcastically requested these pushing the sooner false narrative to ‘resume consuming paint chips.’
Arguably, Hoskinson’s rage was aimed toward Reddit consumer Awhodothey, who vehemently slammed a latest Cardano research by blockchain startup Messari.
Awhodothey disproved a number of quotes from Messari’s report in a really detailed method. The report claimed, “Cardano developed Ouroboros Basic as its first PoS consensus mechanism and break up the capabilities of computation and settlement into separate layers.”
Nevertheless, Awhodothey referred to as the assertion falsehood, arguing that Hoskinson’s Cardano staff promised the performance, however it by no means occurred. The blockchain lovers added:
There isn’t a Cardano computing layer. Like IELE and KEVM, evidently, they couldn’t determine easy methods to do it. Cardano doesn’t have a computational layer; every part occurs on the consensus layer.
The Reddit consumer additionally identified that not one of the good contract builders on Cardano have managed to construct a decentralized good contract with their off-chain consensus mechanisms but. The consumer concludes his remark by saying, “All they’ve is centralized apps or quite simple decentralized transactions to this point.”
In different information, Cardano’s utility token ADA trades at $0.2448, considered one of its lowest factors over two years.