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Cardano Founder Promises That Next Two Months Are Going to Be “Fun”

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Sun, 07/25/2021 - 10:10
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Alex Dovbnya
IOHK CEO Charles Hoskinson doesn’t mince words when it comes to his critics
Cardano Founder Promises That Next Two Months Are Going to Be “Fun”
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Cardano founder Charles Hoskinson has once again taken to Twitter to shut down his critics.

In his reply to a naysayer, the billionaire mathematician promised two “fun” months as the leading proof-of-stake project is inching closer to launching smart contacts.

Hoskinson also expects Cardano’s haters to start experiencing a lot of “meltdowns” and “temper tantrums.”

Earlier this month, Hoskinson also hit back at critics who pounced on his poorly aged tweet from July 2020 about “hundreds” of assets and “thousands” of decentralized applications running on top of Cardano. While there are actually thousands of native assets on the blockchain following the launch of the “Mary” hard fork in early March, practically all of them have zero value and activity.

You can bet against Hoskinson  

The tweet that triggered such an emotional reaction from the IOHK boss was referring to a new prediction market on popular cryptocurrency betting platform Polymarket.

Those who are certain that Hoskinson won’t deliver on his ambitious promise and Cardano will have to delay the launch of functioning smart contracts can now put their money where their mouth is.

The market will resolve in Cardano’s favor if it will be possible to create a smart contract on the blockchain’s mainnet by Oct 1., 2020.

At press time, the market's trading volume is $328,294. Most are betting against Hoskinson, with shares for “No” trading at $0.53.      

market
Image by polymarket.com

Related
Charles Hoskinson Claims There Are "Thousands" of Assets on Cardano in Response to Criticism

The Alonzo roadmap  

Even though development timelines tend to be unpredictable, the roadmap of the Alonzo hard fork—which is expected to unleash smart contracts—is pretty straightforward.

On June 11, Cardano deployed its first simple smart contract on Alonzo Blue.   

On July 14, IOHK announced the successful deployment of the Alonzo White hard fork.

As reported by U.Today, the full rollout of smart contracts is expected to happen in early September after the completion of the “Purple” phase.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.