there's some narrative that's floating around and uh i just want to be super super super clear
because it's a very unfair narrative that's floating around right now
and it's incredibly corrosive and damaging and it's got to stop welcome back everybody to altcoin
daily you subscribe for daily videos on everything going on in cryptocurrency we keep you updated
we keep you informed cardano cardano is preparing for a major upgrade called the vassal hard fork
cardano's testnet recently suffered a critical bog a test net bug is not the same as a mainnet bug
however many people in the media including independent media including social media
following the test net bug they seem to have a vendetta against cardano unfairly reporting
seemingly starting a tirade for example one unfairly criticizing founder charles hoskinson
blaming him for the problems even though cardano is one of the more decentralized altcoins or two
unfairly conflating the test net problems making it seem like these are main net problems and
overall just creating a sense of fud about the vassal upgrade and the cardano project as a whole
charles hoskinson founder of cardano did not like this he is tired of being
blamed for cardano's problems and he's tired of cardano getting unfair treatment in the media
charles took to youtube to clear up this information to clear up this fudd first
let's clear up cardano's testnet versus cardano's mainnet you can't conflate a failed test net with
the mainnet because test nets are constructed and destroyed all the time in this industry
that's their point they're used to play around with things and break things ethereum's had
dozens of issues with prior test nets and shadow nets and so forth and you read about
them in the crypto media they're not big events and they in no way in any way harm cardano itself
no funds have been lost no keys have been hacked no no nodes have collapsed
right now today transactions are being processed on cardona just like they were the day before
and the day before that that's just a fact unfortunately the headlines are now catastrophic
bug cardano and that's what's going to stick in consumers minds and it's going to take a lot of
marketing and discussion to be able to get that to unstick also sticking in their minds now is
that vassal is probably not going to ship this year which is bizarre because we are almost there
it's now in the hands of others and of course discussions are going to be held and things are
going to be done but the features are there they work they're tested very thoroughly there's a high
degree of confidence in them there's no reason for it not to get over the finish line imminently
but it's going to stick in the mind that vossel is not going to ship
which means less people will migrate to the project less commercial interest in the project
and ultimately less adoption for cardano next let's talk about the fact that cardano
is one of the more decentralized projects made up of many builders
many stake pool operators decisions are not dictated solely by charles or by charles at all
yet the media rarely gives cardano a fair shake if i had all the time in the world i'd love to spend
a whole year two years cleaning and polishing cardano i'd love to just do nothing but write code
and develop and say all right we'll come back to it later but it's not my call it's not my choice
this is a diverse ecosystem and it is a product that is used by millions of people it's listed
on over 200 exchanges there's over a thousand projects under construction at this very moment
deploying or have already deployed on cardano there are over 5 million nfts issued on cardano
this is a big ecosystem there's a lot of things going on a lot of divergent interests a lot of
people say move quickly a lot of people say slow down a lot of people say we'd like this feature
a lot of people say i would like that feature it's a big ecosystem what we've proven today
is cardano is actually decentralized that's great that makes me happy should make you happy but at
the end of the rainbow we do have to take a step back and understand there needs to be a basic
decorum here and some basic respect here i care about this project i care about its perception and
i care about us getting a fair shake and having a bit of an experience dealing with the crypto media
that has a long history with cardone for some reason of being dishonest about it
we can't walk into as a community self-inflicted wounds traps charles hoskinson loves cardano yet
people are personally attacking charles hoskinson and he doesn't like it they call him a scammer
they vilify him and he doesn't like it listen to this i love cardano i love this community and i
really do enjoy the time i've spent here and the things i've done and i really do enjoy building
things and i really do enjoy sitting down trying to solve hard problems of which there are many
i really do i detest these types of things because it's a no-win situation
it really is nothing that can ever be said or done is ever good enough and
he received enormous amounts of criticism many cases for things that i'm not even responsible for
they apparently on people on reddit are saying that i lack emotional intelligence or
i'm not a leader because i don't take the blame for when vassal ships or not yet at the same time
we say it's the centralized ecosystem and i keep shouting to people that think before you talk this
space has terrible terrible ramifications when people misspeak or they say things that can be
taken out of context it's a very adversarial space it's not a friendly kind happy space for whatever
reason we live in a space where it's not good enough to disagree with people people get vilified
people get called criminal people are told that they're a scammer on a daily basis that everything
that we've accomplished means nothing people don't get given credit even today the ethereum ecosystem
is lying they say come september 15th we're going to be the first people to really do proof of stake
um that's news to polka dot that's news to tesos that's news to cardano uh that's news to
all the people that have done proof of stake before ethereum and the media is going to let
them get away with it because they're big enough to do that one big takeaway from all of this is
be careful how you communicate about cardano you have power and make sure you subscribe to our
channel we drop a video every day we keep you informed about cardano regularly and the whole
cryptocurrency market on a daily basis let me know if you still believe in cardano or don't let
me know in the comments below i'll leave you with this be careful how you communicate about cardano
you have power the way you communicate about cardano could be in some cases more so
is more impactful in terms of perceptions and hearts and minds than the way i communicate
about cardano that's what we've learned here in the last few days so think about that
think about it and really rock it and push it through that we're in a new project
we're in a new beginning there's a there's a new way of going about things
you have an impact you have a say you have a lot of power now as an ecosystem and as a community
and things that you think are innocent may not be received that way or treated that way and
could have an impact so we all have to be a little bit more careful in that respect myself included
okay um and for the most part i think we're up for it and i think we're the best equipped community
for it we can probably steer this narrative back to what it really is which is an example of the
decentralization of cardano and a reason why cardano truly is the most decentralized ecosystem
i also hope this will prove to the people in the ethereum crowd and other places that
seem to repeat this again and again that cardano definitely isn't the cult of personality around me
it's very clear that the community is in charge here not me if you witness the things over
the last 48 hours 72 hours we do not have the power to flip a switch and tell you what to do
you decide that and it's very clear the community is independent in that respect and
they're in charge of the protocol so that's a positive i suppose from this whole thing
and it's a teachable moment for everybody so anyway i'm going to get back to work
and tomorrow will be another day and is going to be another day vaso will come hopefully very soon
and then we can get to the business of building the next update and finishing the rest of the gcd
uh and then talking about how do we make cardo a fourth generation cryptocurrency
and get it to the next level and how do we improve all the things
and we're going to do that together as a community thank you very much