Charles Hoskinson Announces Cardano Hardfork For Wednesday

Cardano has been making the community beyond excited these days ahead of the Shelley upgrade.

ADA’s price has been also reflecting this massive enthusiasm but at the moment of writing this article, ADA is trading in the red and the coin is priced at $0.142281 and the coin is down by more than 5%.

Cardano’s hardfork has been initiated

The Cardano hardfork process has been initiated.

“We have now begun the countdown over the next 5 days to hard fork Cardano from Byron to Shelley. Our last chance to abort will be sometime on Monday, during the weekend the engineers and the QA-team will be conducting an exhaustive 72 hours burn-in, to go through all checklists that we have,” according to Charles Hoskinson.

Cardano made sure to highlight the fact that Shelley is the first step towards decentralization.

“Stress tests done. All systems go. Update endorsement signed. Rocket is in the air. Hardfork coming July 29th. Will post logs tomorrow,’ Hoskinson also noted.

People accuse Hoskinson of lame pump attempts

Hoskinson also posted this message:

Lots of Twitter users accused him of pump attempts.

Someone said: “I’ll take the other side of that bet. There is no way earth you’ll have 1000s of dApps in 1 year. There’s not even that many devs familiar with your system. I do think you can get there in 5. Sorry  @IOHK_Charles let’s keep it realistic. $ADA.”

Another follower posted this message: “Saving this one! Pissing on a project’s parade like this, is unacceptable from a crypto media personality! You’re not even a competing developer for f***’s sake. Nobody expected them to do what they did ‘this year’ & with smart contracts ALSO coming this year .. ALL IS POSSIBLE!”

Someone else wrote: “What a weak pump attempt. I’d take the other side of that bet any day. If there are some dApps, most of it will be meaningless activity and Cardano still won’t accrue any fees.”


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Eduard Watson Author

An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.

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