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Hoskinson Hints Exchanges Are Responsible Behind Vasil Hardfork’s Delay

Hoskinson Hints Exchanges Are Responsible Behind Vasil Hardfork’s Delay

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Cardano’s founder spoke about the ongoing development of the Cardano Blockchain Hardfork and confirmed that September will be Hard Fork Month.

Charles Hoskinson is the founder of the Cardano blockchain and he is also a co-founder of the Ethereum blockchain. Previously, Hoskinson left the Ethereum project due to disagreements with Vitalik Buterin. In fact, Hoskinson wanted to make the Ethereum blockchain a commercial blockchain, but Vitalik refused, saying that Ethereum will always remain a non-profit Blockchain network. After leaving the Ethereum project, Hoskinson launched the Cardano blockchain mainnet in 2017 as a competitor to Ethereum.

On August 26, via a YouTube AMA video session, Hoskinson said that most exchanges are in a hurry, but once they receive the Cardano support update on their platform, the Cardano team will announce the exact date of the Vasil Hardfork in the mainnet.

Hoskinson said:

“Once we reach that golden 75% of SPOs (stake pool operators) and the top three to five exchanges by volume, the top three or top five have been updated or are in the process of being updated, a hard fork date will be set. Then other exchanges feel the urgency and start updating.”

So in this way, Hoskinson said that the Cardano Vasil Hardfork needed technical support on major exchanges such as Binance, Coinbase, FTX & Kraken and on, followed by other crypto exchanges.

In addition, Cardano’s founder said that a lot of background work has been done on the Cardano Blockchain to bring a huge amount of integration work to the Cardano network. And all this will help Vasil Hardfork to happen in September 2022.

So it’s pretty much confirmed that the Vasil Hardfork will be held in September this year, but it’s not confirmed if it’s mid or late.

Previously, Hoskinson criticized US government agencies’ sanctions on crypto-mingling platform Tornado Cash. Hoskinson argued that Tornado Cash is a neutral platform and the government should aim to ban bad actors from participating instead of punishing developers.

Also Read: I Believe $17,000 Will Come Eventually: Altcoin Sherpa

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