Cardano’s Founder Likens Solana to Old Nintendo Consoles and Explains Why He Criticizes Terra and Other Blockchains

0
106
Tesla

Solana experienced a major network outage yesterday, which halted validator block production for several hours. According to Solana’s data, the network failed to generate new blocks for more than five hours, forcing all decentralized applications built on the popular blockchain to go offline.

Following Solana’s recent network outage, Charles Hoskinson, CEO of Input Output Global, the company in charge of Cardano’s research and development, mocked the popular blockchain.

The Cardano executive retweeted a tweet about Solana’s network outage from Watcher Guru, a cryptocurrency media outlet, and added a link to a YouTube video.

The video, released in 2017, teaches Nintendo fans how to resurrect their old Nintendo Entertainment System (NES) games and get them to work again.

Read also: Shiba Inu (SHIB): The Memecoin to Conquer Dogecoin

It is worth noting that Hoskinson was being sarcastic about the unfortunate incident that befell Solana when he called on network developers to watch the video to gain the necessary skill to make the blockchain work again.

Hoskinson issued a warning

Hoskinson was urged to stop criticizing Solana by a Twitter user with the handle @realcryptoro1. According to the user, Hoskinson’s mockery of Solana is similar to what Do Kwon, the CEO and founder of TerraForm Labs, did to Cardano just before LUNA and UST plummeted dramatically.

@realcryptoro1 Hoskinson was then asked if Cardano was safe and would not suffer the same fate as Solana and Terra in recent weeks.

Cardano, according to Hoskinson, is not safe

In response to the user’s comment, Hoskinson stated that nothing, including Cardano, is completely safe and that he anticipates issues with all blockchain networks.

He went on to say that he chose to criticize Terra and Solana because the venture capitalists behind these networks relentlessly mocked Cardano for trying to do things the right way.

“My problem and why I tweet is that we were mocked relentlessly by the Solana and Luna backers and community for trying to do things the right way with peer review and formal methods in order to avoid these issues,” Hoskinson noted.

The latest development comes less than two weeks after Hoskinson mocked Kwon for his disparaging remarks about Cardano’s ADA after the Terra ecosystem tokens’ demise.

Related article: Cardano Development Activity Reaches an All-Time High, and ADA Surpasses BUSD and XRP to Become the Sixth-Largest Cryptocurrency

Cardano Community Backs the Project

Although Cardano has yet to attract some of the big VCs to fund the project, its community has held things together by providing funds and assisting developers building on the network.

As previously reported, Cardano’s treasury increased to nearly $500 million a few days ago due to the growth of ADA and the community’s willingness to provide funding for developers.

Meanwhile, Cardano has been up and running for more than five years with no technical issues or downtime. The development team is still working on and releasing important upgrades to help the network remain relevant in the industry.