In a tweet on July 7, Hoskinson stated that the network had taken the necessary steps to ensure the smart contracts are compatible with the upgrades eliminating the need for re-writing. He noted that the allegations are from ‘trolls’ whom he termed ‘stupid’ and accused of spreading ‘FUD’ while maintaining that the smart contract will remain functional. Hoskinson was responding to a Twitter user identified by the username of THORchain.BULL, who claimed that most Cardano smart contracts are not compatible with the Vasil hard fork.
Anticipation ahead of Vasil hard fork
Notably, the Vasil hard fork is highly anticipated within the Cardano community and aims to improve smart contracts’ functionality. The hard fork, expected to be rolled out in the second half of 2022, will ensure the network accelerates the efficacy, scalability, and efficiency of the entire blockchain. The team is currently engaging with the developers to conduct last-minute testing before the official implementation. As reported by Finbold, Hoskinson stated that the rollout of the hard fork is Cardano’s biggest upgrade, and the stakes are high, especially with the recent Terra (LUNA) ecosystem crash.
Hoskinson’s battle with critics
In recent days, Hoskinson has been using his platform to bring clarity to some cryptocurrency projects and protocols. For instance, Hoskinson blasted Bitcoin developer Jimmy Song for his stand on Proof-of-Stake (PoS) networks through his Twitter account. In a previous tweet, Song had claimed that the PoS mechanism does not address the Byzantine General’s Problem. According to Hoskinson, the stand by Song was ‘stupidity’. Interestingly, Hoskinson responded to Song after his colleague, and Ethereum co-founder Vitalik Buterin blasted the Bitcoin developer’s attack terming it as ‘dumb’. Notably, Ethereum is in the process of migrating from the Proof-of-Work mechanism to PoS. Featured image via Charles Hoskinson YouTube.
