Crypto News
| Published On Sep 8, 2021 7:25 am CEST  |  Updated on Sep 27, 2021 10:16 am CEST | By Peter Siu

Hoskinson Fights Off Criticism Ahead of Alonzo Upgrade

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Ahead of Cardano’s much anticipated Alonzo mainnet launch on September 12, Charles Hoskinson, the founder of the token, took to Twitter to comment on recent criticism doing rounds on social media.

While criticism and FUD is nothing new for them, the third largest crypto network has had to put up with attacks of which the latest to come from Anthony Sassano, co-founder of Ethhub.io who believes that Cardano’s blockchain is “broken“.

In addition to Hoskinson’s response, Cardano’s developing team, IOHK, shared the following update ahead of September 12.

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The Alonzo upgrade is expected to open up opportunities for businesses and developers, by allowing the creation of smart contracts and decentralized applications (DApps) for decentralized finance (DeFi). With this, Cardano is looking to gear up its competition with Ethereum in this field.

Peter Siu

Peter is a former poker-pro, turned crypto enthusiast with 8+ years’ experience in operational roles dealing with all online gaming verticals within large iGaming companies, including Flutter and Entain. Now an expert in the field of Sports Betting, Casino, iGaming, and Poker, he is our team leader and editor. When not working, Peter can be found in the gym or playing sports like football, tennis and more recently padel.