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Charles Hoskinson Says He Cannot Force Vasil Hard Fork

Bitcoin maximalists have come under fire from Charles Hoskinson, who called them “beyond stupid.”
Cardano founder Charles Hoskinson

In a recent tweet, Charles Hoskinson emphasized the decentralization of the blockchain by stating that he is unable to force the Vasil hard fork in response to a critic. On September 22, the eagerly awaited upgrade is predicted to take place.

@btc_bryan_21, a Bitcoin maximalist, claimed that Hoskinson could unilaterally alter the total amount of ADA tokens as a result of its purported centralization.

Cardano‘s maximum supply is set at 45 million ADA tokens, but the critic claimed that since the blockchain’s monetary policy is relatively changeable, nothing would stop the crypto tycoon from modifying that.

Charles Hoskinson Says He Cannot Force Vasil Hard Fork 3

Hoskinson, who also argued that proponents of Bitcoin’s maximum supply are “beyond stupid,” emphatically rejected such a notion.

In reaction to the former CEO of MicroStrategy’s assertion that the ADA token is an unregistered securities, the founder of Cardano stated in July that Bitcoin enthusiasts are the most “toxic” and “useless” people to interact with.

Since all ADA tokens now exist in the possession of their rightful owners, Cardano’s founder has consistently resisted the idea of destroying them. Hoskinson claims that this would be equivalent to stealing from the community.

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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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