CoinEfficiency

Charles Hoskinson Criticizes The Block for Passive-Aggressive Reporting on Vasil Upgrade

Charles Hoskinson, founder of Cardano, addresses The Block's reporting on the Vasil upgrade, highlighting its passive-aggressive tone and emphasizing the milestone's significance.
Published on 2022-09-23

Charles Hoskinson Addresses The Block's Reporting on Vasil Upgrade

Charles Hoskinson, founder of Cardano, recently criticized crypto news outlet The Block for its coverage of the Vasil upgrade. He called out the outlet's passive-aggressive tone, particularly in an article titled "Cardano’s Vasil upgrade triggers after a 3-month delay." Hoskinson emphasized the significance of the upgrade as a major milestone achieved through global coordination and testing, yet the headline focused on the delay rather than the accomplishment.

The Significance of the Vasil Upgrade

The Vasil upgrade is a hard fork utilizing Cardano's hard fork combinator (HFC) approach, expected to enhance network performance by increasing throughput, improving script efficiency, and reducing block transmission latency. These improvements are anticipated to positively impact the Cardano network and the price of ADA. Despite delays, Hoskinson has consistently highlighted the upgrade's complexity, involving changes to the Plutus programming language and consensus protocol, necessitating rigorous testing.

Hoskinson's History with Crypto Journalists

This is not Hoskinson's first encounter with crypto journalists. Previously, he addressed Laura Shin's portrayal of him in her book, The Cryptopians, specifically regarding claims about his Ph.D. Hoskinson's interactions underscore the challenges of media representation in the crypto space.

The Cardano community eagerly awaits the upgrade's impact, hoping it will elevate the network's capabilities and ADA's value.

What is Coinefficiency?

Coinefficiency is your go-to platform for optimizing cryptocurrency trading, investments and strategies. We provide a comprehensive suite of tools to analyze market trends, monitor price movements, and execute effective trading strategies. Whether you're a seasoned trader or new to crypto, Coinefficiency helps you maximize your profits with data-driven insights.

Why Use Coinefficiency?

  • Advanced market analytics to identify trading opportunities.
  • Compare markets relative performance.
  • Understand market cycles over time. See market levels.
  • Compare buy-and-hold, portfolio rebalancing, Dollar-Cost-Averaging trading strategies.

With Coinefficiency, you can stay ahead of the market and execute efficient trading strategies effortlessly.

Get Started with Coinefficiency

Ready to optimize your crypto investments? Take control of your portfolio with cutting-edge tools designed for both beginners and experts.