Cardano Founder Blasts Ghost Chain Critics: ‘Cavalry Is Coming’
Broadcasting “from rough and rugged Wyoming” late on September 14, Cardano founder Charles Hoskinson delivered a forceful rebuttal to what he called years of dismissive “ghost chain” narratives, arguing that the industry has “moved the goalposts” away from decentralization and toward VC-favored speed and token economics. “It sucks to go to cryptocurrency Reddit and no […]
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PRESS RELEASE. Poltergeist Exchange has partnered with GHOST by McAfee to bring a private stable coin and privacy dex to the GHOST by McAfee blockchain. Poltergeist Exchange has released their native token GHOUL, and are developing and releasing a side chain with the same name for Ghost by McAfee. Side chains for GHOST will open up a variety of interaction possibilities including a full privacy dex using atomic swaps to flawlessly execute cross chain transactions, a private stabled coin, GHOSTDAI, that is pegged and backed 1:1 with DAI, and more. “When I was setting the vision for....
Charles Hoskinson, the founder of Cardano, has recently found himself the target of Twitter critics as year-old tweets that highlighted projections for the network’s adoption are failing to match community expectations. Slower Rollouts and Sluggish Adoption Spotlighted by Critics Cardano, the fifth-largest cryptocurrency by market capitalization and self-titled third-generation blockchain initiative, has no shortage of followers and evangelists that believe in its very scientific approach to developing blockchain technology. Yet, the network faces no shortage of detractors either,....
XRP is proving that it remains one of the most resilient players in the crypto space despite years of criticism, lawsuits, and doubts. The token, which has often been branded a “ghost chain,” is now recording substantial on-chain activity. This movement comes as whales go silent on XRP during its consolidation phase. XRP Defies ‘Ghost […]
Cardano founder Charles Hoskinson recently tackled rumors concerning Hydra’s scaling issues in a detailed video update. Hydra, an integral layer-2 scaling solution for the Cardano blockchain, seeks to ramp up the transaction processing ability of the network. It accomplishes this by permitting the opening of multiple heads or channels, facilitating off-chain transactions between participants. Cardano […]
Justin Bons, the founder of Cyber Capital, has launched a scathing attack on Cardano, claiming that the Ethereum competitor is “centralized.” Venture capitalists are convinced that this level of centralization, at the protocol level, is a “major weakness of the proof-of-chain blockchain.” Founder: Cardano Is Centralized According to Bons’ assessment, there is a problem with Cardano’s […]