Cardano [ADA]‘s founder Charles Hoskinson recently got into a spat with a Twitter user. In a tweet, the ADA founder stated that he is not the driving force behind the popularity of the Vasil hardfork. On a related note, the Vasil hardfork is set to take place on 22 September and has garner much of […]
Bitcoin [BTC] maximalist Bryan took to Twitter to claim that Hoskinson could alter the number of ADA tokens as a result of purported centralization. Cardano’s maximum supply is set at 45 million ADA tokens.
Since all ADA tokens now exist in the possession of their rightful owners, Cardano has consistently resisted the idea of destroying them. Hoskinson claims that this would be equivalent to stealing from the neighborhood. Furthermore, three of the top twelve exchanges for Cardano liquidity are ready for the upgrade. Several exchanges, including Gate.io, MEXC, Bitrue, OKx, Whitebit, BtcTurk, AscendEX, and Revuto, have improved their platforms.“Vasil is the most significant Cardano update to date, bringing increased network capacity and lower cost transactions,” stated the Cardano developer via Twitter.
Plutus, a smart contract development platform on Cardano, will also receive improvements as part of the upgrade. This will give developers the ability to produce more effective blockchain-based applications.
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