Charles Hoskinson Trolls Critics, Saying ADA Transactions Have Dramatically Risen Due to “SpookyAlpha”

Founder of IOHK and Cardano CEO, Charles Hoskinson, has taken to Twitter to troll critics of Cardano once again, while sharing news of the ADA network transaction volume which has surpassed a series of major cryptocurrencies, including BTC, ETH, and DOGE.

He has again mentioned “ghost transactions”.

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“Ghost transactions have dramatically increased”

CTO of Input Output Hong Kong, Romain Pellerin, has tweeted that in 2022 network transaction volume for Cardano has surpassed that of Bitcoin, Ethereum, DOT, ALGO, and Dogecoin.

ADA volume of transactions has been up 369 percent this year, while BTC has dropped 15 percent, Ethereum lost 49 percent and Dogecoin is down 79 percent.

Talking about that, Charles Hoskinson again mentioned “ghost transactions” and “SpookyAlpha” in particular.

Earlier, Hoskinson mocked critics who called Cardano a “ghost chain”, tweeting a huge spike in the adjusted volume of transactions on the ADA blockchain.

Hosk strikes back at the Solana community

Earlier, Hoskinson tweeted mocking the late network halt. The mainnet outage lasted slightly over four hours. Solana co-founder Anatoly Yakovenko took to Twitter to explain the situation, saying that part of the network considered the block in question invalid, thus the whole Solana network was brought to a temporary halt.

Hoskinson addressed the situation by tweeting a link to a YouTube video for Solana devs about how to fix an old video game.

Later on, Hoskinson admitted that Cardano has been getting a lot of criticism from both Solana and Terra recently and so he could not stay away from trolling the former. As for Terra, its coins Luna and UST have witnessed a drastic collapse in price recently.

Read Also: New DEX Platform Wants To Burn Terra Luna Classic (LUNC)

Do Kwon decided to conduct a hardfork, leaving the old coin behind as Luna Classic and giving the name LUNA to a new one?

As for the criticism of Solana co-founders regarding Cardano, on Friday, cryptolifedigital reported how the  Cardano CEO Responded to Anatoly’s statement:

“ Cardano’s developers chose to write code carefully to get rid of mistakes because billions of dollars worth of investors’ funds are in for it if there is any mistake”

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Cryptolifedigital is a cryptocurrency blogger and analyst known for providing insightful analysis and commentary on the ever-changing digital currency landscape. With a keen eye for market trends and a deep understanding of blockchain technology, Cryptolifedigital helps readers navigate the complexities of the crypto world, making informed investment decisions. Whether you're a seasoned investor or just starting out, Cryptolifedigital's analysis offers valuable insights into the world of cryptocurrency.
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